Is Fredonia, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fredonia is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fredonia has remained a Seller's Market.

Key Takeaway

Fredonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fredonia, WI

How much do homes in Fredonia, WI cost?

Median Sold Price

$352,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+2.3%)

Key Takeaway

Homes in Fredonia have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Fredonia was $352,500 in October 2024, up 2.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K-
N/A
2 $185K$140K
-24.3%
3 $355K$334.4K
-5.8%
4 $295.1K$401K
+35.9%
5+ $350K$699.9K
+100.0%

Summary: Fredonia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 100%.

Housing Supply in Fredonia, WI

How many homes are available in Fredonia, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The Fredonia real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 53
-40.0%
5+ 10
-100.0%

Summary: The Fredonia 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 increased by 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fredonia, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Fredonia in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Fredonia, 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 20 Days Ago

Newest Listings in Fredonia, WI

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