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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Luxemburg is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Luxemburg was a Seller's Market.

Key Takeaway

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

Housing Prices in Luxemburg, WI

How much do homes in Luxemburg, WI cost?

Median Sold Price

$392,500

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$62,500(+18.9%)

Key Takeaway

Homes in Luxemburg have sold for 18.9% more than they did a year ago.

Summary: The median home sold price in Luxemburg was $392,500 in November 2024, up 18.9% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$670K
N/A
2 $294.9K$338.9K
+14.9%
3 $338K$400K
+18.3%
4 $329K$437.5K
+33.0%
5+ $315K-
N/A

Summary: Luxemburg 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 increased by 14.9%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 33%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Luxemburg
+18.9%
Casco
-21.8%

Housing Supply in Luxemburg, WI

How many homes are available in Luxemburg, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Luxemburg real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 1213
+8.3%
4 33
0.0%
5+ 22
0.0%

Summary: The Luxemburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Luxemburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Luxemburg in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Luxemburg, 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 Luxemburg, WI

Nearby Markets to Luxemburg, WI