$6,472 Closing Credit*
$545,000
2,372 SqFt
4 Beds
•2 Full Baths
Listing Office: Dane Arthur Real Estate Agency
Is Madge, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Madge has remained a Seller's Market.
Key Takeaway
Madge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Madge, WI
How much do homes in Madge, WI cost?
Median Sold Price
$440,000
$219/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$128,000(+41.0%)
Key Takeaway
Homes in Madge have sold for 41% more than they did a month ago.
Summary: The median home sold price in Madge was $440,000 in November 2024, up 41% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | - | N/A |
| 2 Bedrooms | $312K | - | N/A |
| 3 Bedrooms | $811K | $440K | -45.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Madge 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 decreased by 45.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Madge | $312K | $440K | +41.0% |
| Stone Lake | $875K | $1.2M | +40.1% |
Housing Supply in Madge, WI
How many homes are available in Madge, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Summary: The Madge real estate market had 9 homes for sale in November 2024, a 35.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Madge 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Madge, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Madge in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Madge, WI
How long does it take to sell a home in Madge, WI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 33 Days | -49.6% |
Summary: Homes in Madge had an average of 33 days on market in Nov 2024, down by 49.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Madge has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Madge; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
