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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garfield is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Garfield, WI

How much do homes in Garfield, WI cost?

Median Sold Price

$370,000

$182/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Garfield has remained the same since last year.

Summary: The median home sold price in Garfield was $370,000 in November 2024, the same as last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $375K$380K
+1.3%
3 $360K$305K
-15.3%
4 $340K$495K
+45.6%
5+ $315K-
N/A

Summary: Garfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 45.6%, and 5+ bedroom homes did not change.

Housing Supply in Garfield, WI

How many homes are available in Garfield, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2124+14.3%

Summary: The Garfield real estate market had 24 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 03
+100.0%
2 00
0.0%
3 910
+11.1%
4 109
-10.0%
5+ 22
0.0%

Summary: The Garfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were 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 Garfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Garfield in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Garfield, WI

How long does it take to sell a home in Garfield, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days31 Days-19.5%

Summary: Homes in Garfield had an average of 31 days on market in Nov 2024, down by 19.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Garfield has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Garfield; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

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