$5,759 Closing Credit*
$485,000
1,527 SqFt
2 Beds
•2 Full Baths
#1990657, Liz Erickson, Listing Office: Restaino & Associates
Is Fitchburg, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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 November 2023
+$5,000(+1.2%)
Key Takeaway
Homes in Fitchburg have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Fitchburg was $424,900 in November 2024, up 1.2% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $220.5K | -24.0% |
| 2 Bedrooms | $327.7K | $335K | +2.2% |
| 3 Bedrooms | $412.4K | $434.4K | +5.3% |
| 4 Bedrooms | $580K | $572K | -1.4% |
| 5+ Bedrooms | $691K | $782.5K | +13.2% |
Summary: Fitchburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
| Blooming Grove | $400.4K | $440.8K | +10.1% |
| Madison | $380.1K | $404.6K | +6.5% |
| Fitchburg | $419.9K | $424.9K | +1.2% |
Housing Supply in Fitchburg, WI
How many homes are available in Fitchburg, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 103 | -8.8% |
Summary: The Fitchburg real estate market had 103 homes for sale in November 2024, a 8.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 34 | 33 | -2.9% |
| 3 Bedrooms | 50 | 52 | +4.0% |
| 4 Bedrooms | 25 | 14 | -44.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fitchburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 44%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fitchburg, you could pay more than the asking price. 35.5% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Fitchburg in November 2024, up by 10.7% month-over-month. Of the 31 sold homes, 32% were sold under asking, 32% were sold at asking, and 35% were sold over asking.
Days on Market for Fitchburg, WI
We’re sorry, we don't have information for this market at the moment
