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 October 2023

At the same time last year, Luxemburg was a Neutral 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

$387,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,500(+17.1%)

Key Takeaway

Homes in Luxemburg have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Luxemburg was $387,500 in October 2024, up 17.1% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$670K
N/A
2 $210K$361K
+71.9%
3 $344K$400K
+16.3%
4 $312K$437.5K
+40.2%
5+ $372.5K$315K
-15.4%

Summary: Luxemburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 71.9%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 40.2%, and 5+ bedroom homes decreased by 15.4%.

Housing Supply in Luxemburg, WI

How many homes are available in Luxemburg, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1724+41.2%

Summary: The Luxemburg real estate market had 24 homes for sale in October 2024, a 41.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 1015
+50.0%
4 24
+100.0%
5+ 12
+100.0%

Summary: The Luxemburg 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 decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Luxemburg, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Luxemburg in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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 16 Days Ago

Newest Listings in Luxemburg, WI

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