Is Forest County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Forest County was a Seller's Market.

Key Takeaway

Forest County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Forest County, WI

How much do homes in Forest County, WI cost?

Median Sold Price

$217,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$28,000(-11.4%)

Key Takeaway

Homes in Forest County have sold for 11.4% less than they did a year ago.

Summary: The median home sold price in Forest County was $217,500 in November 2024, down 11.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K$125K
-26.5%
2 $205K$100K
-51.2%
3 $259K$247.5K
-4.4%
4 $253K$310K
+22.5%
5+ $610K$300K
-50.8%

Summary: Forest County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.5%, 2 bedroom homes decreased by 51.2%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes decreased by 50.8%.

Housing Supply in Forest County, WI

How many homes are available in Forest County, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Forest County real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 89
+12.5%
4 33
0.0%
5+ 01
+100.0%

Summary: The Forest County 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 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Forest County in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Forest County, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Forest County, WI

Nearby Markets to Forest County, WI

What housing markets are near Forest County, WI?