Is Lower East Side, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower East Side is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Lower East Side has remained a Seller's Market.

Key Takeaway

Lower East Side is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lower East Side, WI

How much do homes in Lower East Side, WI cost?

Median Sold Price

$335,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,500(+12.2%)

Key Takeaway

Homes in Lower East Side have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Lower East Side was $335,000 in November 2024, up 12.2% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $238.2K$252.9K
+6.2%
2 $340K$362.5K
+6.6%
3 $313K$435K
+39.0%
4 $290K$467.5K
+61.2%
5+ $395K-
N/A

Summary: Lower East Side housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 39%, 4 bedroom homes increased by 61.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Yankee Hill
+27.8%
Lower East Side
+12.2%

Housing Supply in Lower East Side, WI

How many homes are available in Lower East Side, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4845-6.3%

Summary: The Lower East Side real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1212
0.0%
2 2723
-14.8%
3 67
+16.7%
4 22
0.0%
5+ 11
0.0%

Summary: The Lower East Side 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 14.8%, 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
148-42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower East Side, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Lower East Side in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Lower East Side, 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 Lower East Side, WI

Nearby Markets to Lower East Side, WI