$20,000
Land
Listing Office: Timber Ghost Realty, LLC
Is Ladysmith, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ladysmith was a Seller's Market.
Key Takeaway
Ladysmith is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ladysmith, WI
How much do homes in Ladysmith, WI cost?
Median Sold Price
$129,000
$122/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$85,000(-39.7%)
Key Takeaway
Homes in Ladysmith have sold for 39.7% less than they did a month ago.
Summary: The median home sold price in Ladysmith was $129,000 in October 2024, down 39.7% from last month, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $261.3K | +226.6% |
| 3 Bedrooms | $295K | $91K | -69.2% |
| 4 Bedrooms | $214K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ladysmith housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 226.6%, 3 bedroom homes decreased by 69.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Flambeau | $295K | $360.6K | +22.3% |
| Ladysmith | $214K | $129K | -39.7% |
Housing Supply in Ladysmith, WI
How many homes are available in Ladysmith, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Summary: The Ladysmith real estate market had 42 homes for sale in October 2024, a 23.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 15 | 22 | +46.7% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ladysmith 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 increased by 42.9%, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ladysmith, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Ladysmith in October 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Ladysmith, WI
How long does it take to sell a home in Ladysmith, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ladysmith are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Ladysmith; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
