Is Gays Mills, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gays Mills is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Gays Mills, WI

How much do homes in Gays Mills, WI cost?

Median Sold Price

$212,500

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,500(+12.4%)

Key Takeaway

Homes in Gays Mills have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Gays Mills was $212,500 in November 2024, up 12.4% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $154.9K$390K
+151.8%
2 $96K$132.5K
+38.0%
3 $375K$212.5K
-43.3%
4 $189K$401K
+112.2%
5+ -$216.7K
N/A

Summary: Gays Mills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 151.8%, 2 bedroom homes increased by 38%, 3 bedroom homes decreased by 43.3%, 4 bedroom homes increased by 112.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clayton
+33.3%
Gays Mills
+12.4%

Housing Supply in Gays Mills, WI

How many homes are available in Gays Mills, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Gays Mills real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Gays Mills 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Gays Mills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Gays Mills, 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 21 Days Ago

Newest Listings in Gays Mills, WI

Nearby Markets to Gays Mills, WI