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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hancock is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hancock, WI

How much do homes in Hancock, WI cost?

Median Sold Price

$255,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$95,000(+59.4%)

Key Takeaway

Homes in Hancock have sold for 59.4% more than they did a year ago.

Summary: The median home sold price in Hancock was $255,000 in November 2024, up 59.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $55K-
N/A
2 $147.5K$182.7K
+23.9%
3 $165K$260K
+57.6%
4 $275K$376K
+36.7%
5+ $172.5K-
N/A

Summary: Hancock 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 23.9%, 3 bedroom homes increased by 57.6%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes did not change.

Housing Supply in Hancock, WI

How many homes are available in Hancock, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1113+18.2%

Summary: The Hancock real estate market had 13 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 67
+16.7%
4 33
0.0%
5+ 00
0.0%

Summary: The Hancock 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hancock, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hancock in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hancock, 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 17 Days Ago

Newest Listings in Hancock, WI

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