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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Friendship is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Friendship, WI

How much do homes in Friendship, WI cost?

Median Sold Price

$182,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,000(-4.2%)

Key Takeaway

Homes in Friendship have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in Friendship was $182,000 in November 2024, down 4.2% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $35.1K$109K
+210.2%
2 $133K$140K
+5.3%
3 $250.5K$230K
-8.2%
4 $295K$265K
-10.2%
5+ $160K$359K
+124.4%

Summary: Friendship housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 210.2%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 124.4%.

Housing Supply in Friendship, WI

How many homes are available in Friendship, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5854-6.9%

Summary: The Friendship real estate market had 54 homes for sale in November 2024, a 6.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2014
-30.0%
3 2828
0.0%
4 68
+33.3%
5+ 33
0.0%

Summary: The Friendship 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 30%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Friendship, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Friendship in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for Friendship, 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 2 Days Ago

Newest Listings in Friendship, WI

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