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 October 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

$181/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 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 October 2024, the same as last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $375K$380K
+1.3%
3 $360K$359.9K
0%
4 $340K$404K
+18.8%
5+ $315K-
N/A

Summary: Garfield 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 increased by 1.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lincoln
+7.5%
Garfield
0.0%

Housing Supply in Garfield, WI

How many homes are available in Garfield, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1821+16.7%

Summary: The Garfield real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 40
-100.0%
3 59
+80.0%
4 911
+22.2%
5+ 01
+100.0%

Summary: The Garfield 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 decreased by 100%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Garfield in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Garfield, 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 Garfield, WI

Nearby Markets to Garfield, WI

What housing markets are near Garfield, WI?