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 October 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

$252,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$92,500(+57.8%)

Key Takeaway

Homes in Hancock have sold for 57.8% more than they did a year ago.

Summary: The median home sold price in Hancock was $252,500 in October 2024, up 57.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 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 October 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

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Hancock real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 57
+40.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Hancock 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Hancock, 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 Hancock in October 2024, down by 66.7% 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 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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