Is Johnson Creek, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson Creek is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Johnson Creek was a Buyer's Market.

Key Takeaway

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

Housing Prices in Johnson Creek, WI

How much do homes in Johnson Creek, WI cost?

Median Sold Price

$390,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,850(+3.1%)

Key Takeaway

Homes in Johnson Creek have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Johnson Creek was $390,000 in November 2024, up 3.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $325K$102.4K
-68.5%
3 $374.9K$400K
+6.7%
4 $410K$379.9K
-7.3%
5+ $325K$430K
+32.3%

Summary: Johnson Creek 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 decreased by 68.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 32.3%.

Median Sold Price Compared To Nearby Cities

Farmington
+22.3%
Watertown
+12.2%
Johnson Creek
+3.1%

Housing Supply in Johnson Creek, WI

How many homes are available in Johnson Creek, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2422-8.3%

Summary: The Johnson Creek real estate market had 22 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1817
-5.6%
4 33
0.0%
5+ 10
-100.0%

Summary: The Johnson Creek 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 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnson Creek, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Johnson Creek in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Johnson Creek, 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 Johnson Creek, WI

Nearby Markets to Johnson Creek, WI

What housing markets are near Johnson Creek, WI?