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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Malone is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Malone has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Malone, WI

How much do homes in Malone, WI cost?

Median Sold Price

$311,500

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$88,500(-22.1%)

Key Takeaway

Homes in Malone have sold for 22.1% less than they did a year ago.

Summary: The median home sold price in Malone was $311,500 in November 2024, down 22.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$170K
N/A
2 $230K$205K
-10.9%
3 $351.5K$311K
-11.5%
4 $465K$405K
-12.9%
5+ $700K$447.5K
-36.1%

Summary: Malone 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 decreased by 10.9%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 36.1%.

Median Sold Price Compared To Nearby Cities

Marshfield
+6.6%
Taycheedah
-4.3%
Malone
-22.1%

Housing Supply in Malone, WI

How many homes are available in Malone, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Malone real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 43
-25.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Malone 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Malone in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Malone, 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 21 Days Ago

Newest Listings in Malone, WI

Nearby Markets to Malone, WI