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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ladysmith is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Ladysmith was a Seller's Market.

Key Takeaway

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

Housing Prices in Ladysmith, WI

How much do homes in Ladysmith, WI cost?

Median Sold Price

$307,000

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$178,000(+138.0%)

Key Takeaway

Homes in Ladysmith have sold for 138% more than they did a month ago.

Summary: The median home sold price in Ladysmith was $307,000 in November 2024, up 138% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $261.3K-
N/A
3 $91K$232K
+154.9%
4 -$382K
N/A
5+ --
N/A

Summary: Ladysmith housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 154.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ladysmith
+138.0%
Grant
+17.5%

Housing Supply in Ladysmith, WI

How many homes are available in Ladysmith, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4136-12.2%

Summary: The Ladysmith real estate market had 36 homes for sale in November 2024, a 12.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 107
-30.0%
3 2218
-18.2%
4 810
+25.0%
5+ 00
0.0%

Summary: The Ladysmith 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 30%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was 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 Ladysmith, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ladysmith in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Ladysmith, 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 Ladysmith, WI

Nearby Markets to Ladysmith, WI