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 October 2023

At the same time last year, Friendship was a Buyer'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

$175,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$27,500(-13.6%)

Key Takeaway

Homes in Friendship have sold for 13.6% less than they did a year ago.

Summary: The median home sold price in Friendship was $175,000 in October 2024, down 13.6% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $35.1K$124K
+252.9%
2 $143K$140K
-2.1%
3 $250.5K$230K
-8.2%
4 $350K$245K
-30.0%
5+ $160K$256K
+60.0%

Summary: Friendship housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 252.9%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 60%.

Median Sold Price Compared To Nearby Cities

North Fond du Lac
+25.0%
Fond du Lac
+7.1%
Taycheedah
-0.6%
Friendship
-13.6%
Van Dyne
-20.5%

Housing Supply in Friendship, WI

How many homes are available in Friendship, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6668+3.0%

Summary: The Friendship real estate market had 68 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1921
+10.5%
3 3535
0.0%
4 86
-25.0%
5+ 45
+25.0%

Summary: The Friendship housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 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. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Friendship in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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 20 Days Ago

Newest Listings in Friendship, WI

Nearby Markets to Friendship, WI

What housing markets are near Friendship, WI?