$4,749 Closing Credit*
$399,900
2,156 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1989620, Erica Thompson Colstad, Listing Office: Stark Company, REALTORS
Is Fitchburg, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fitchburg has remained a Seller's Market.
Key Takeaway
Fitchburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fitchburg, WI
How much do homes in Fitchburg, WI cost?
Median Sold Price
$424,900
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,900(+2.4%)
Key Takeaway
Homes in Fitchburg have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Fitchburg was $424,900 in October 2024, up 2.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $220.5K | -24.0% |
| 2 Bedrooms | $325K | $341.5K | +5.1% |
| 3 Bedrooms | $415K | $430K | +3.6% |
| 4 Bedrooms | $580K | $577.5K | -0.4% |
| 5+ Bedrooms | $691K | $757.5K | +9.6% |
Summary: Fitchburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Blooming Grove | $400.4K | $437.8K | +9.3% |
| Madison | $376K | $403.9K | +7.4% |
| Fitchburg | $415K | $424.9K | +2.4% |
Housing Supply in Fitchburg, WI
How many homes are available in Fitchburg, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 113 | -4.2% |
Summary: The Fitchburg real estate market had 113 homes for sale in October 2024, a 4.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 35 | 35 | 0.0% |
| 3 Bedrooms | 50 | 48 | -4.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Fitchburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fitchburg, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Fitchburg in October 2024, up by 17.4% month-over-month. Of the 27 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.
Days on Market for Fitchburg, WI
We’re sorry, we don't have information for this market at the moment
