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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gillett is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Gillett, WI

How much do homes in Gillett, WI cost?

Median Sold Price

$185,500

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,000(+4.5%)

Key Takeaway

Homes in Gillett have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Gillett was $185,500 in November 2024, up 4.5% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$150K
+20.0%
2 $168K$217.7K
+29.6%
3 $170K$169.9K
-0.1%
4 $292.4K$226K
-22.7%
5+ $345K$262.5K
-23.9%

Summary: Gillett housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 29.6%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 23.9%.

Housing Supply in Gillett, WI

How many homes are available in Gillett, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
199-52.6%

Summary: The Gillett real estate market had 9 homes for sale in November 2024, a 52.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 134
-69.2%
4 33
0.0%
5+ 11
0.0%

Summary: The Gillett 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 50%, 3 bedroom homes decreased by 69.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
101-90.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gillett, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Gillett in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Gillett, 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 Gillett, WI

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