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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grantsburg is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Grantsburg, WI

How much do homes in Grantsburg, WI cost?

Median Sold Price

$239,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,100(+5.3%)

Key Takeaway

Homes in Grantsburg have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Grantsburg was $239,000 in November 2024, up 5.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$367.5K
+70.9%
2 $195K$200K
+2.6%
3 $226.9K$229K
+0.9%
4 $239.5K$305K
+27.3%
5+ $395K-
N/A

Summary: Grantsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes did not change.

Housing Supply in Grantsburg, WI

How many homes are available in Grantsburg, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4847-2.1%

Summary: The Grantsburg real estate market had 47 homes for sale in November 2024, a 2.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2324
+4.3%
3 1819
+5.6%
4 63
-50.0%
5+ 00
0.0%

Summary: The Grantsburg 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 increased by 4.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grantsburg, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Grantsburg in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Grantsburg, WI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days36 Days-18.7%

Summary: Homes in Grantsburg had an average of 36 days on market in Nov 2024, down by 18.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were 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 Grantsburg has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Grantsburg; 25% of homes were sold within 30 days, 38% 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 29 Days Ago

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