$2,089 Closing Credit*
$175,900
1,312 SqFt
4 Beds
•1 Full Bath, 1 Partial
#1899579, Jolene Funk, Listing Office: Coldwell Banker Real Estate Group Manitowoc
Is Manitowoc, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Manitowoc has remained a Seller's Market.
Key Takeaway
Manitowoc is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manitowoc, WI
How much do homes in Manitowoc, WI cost?
Median Sold Price
$211,325
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,325(+5.7%)
Key Takeaway
Homes in Manitowoc have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Manitowoc was $211,325 in October 2024, up 5.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | $118K | +11.3% |
| 2 Bedrooms | $154.9K | $185K | +19.4% |
| 3 Bedrooms | $209K | $209.5K | 0.2% |
| 4 Bedrooms | $230K | $245K | +6.5% |
| 5+ Bedrooms | $377K | $295K | -21.8% |
Summary: Manitowoc housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 21.8%.
Median Sold Price Compared To Nearby Cities
| Two Rivers | $175K | $187.4K | +7.1% |
| Manitowoc | $200K | $211.3K | +5.7% |
Housing Supply in Manitowoc, WI
How many homes are available in Manitowoc, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 | 150 | +7.1% |
Summary: The Manitowoc real estate market had 150 homes for sale in October 2024, a 7.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 19 | 23 | +21.1% |
| 3 Bedrooms | 73 | 76 | +4.1% |
| 4 Bedrooms | 34 | 35 | +2.9% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Manitowoc 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 increased by 21.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 34 | -22.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manitowoc, you could pay more than the asking price. 55.9% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in Manitowoc in October 2024, down by 22.7% month-over-month. Of the 34 sold homes, 29% were sold under asking, 15% were sold at asking, and 56% were sold over asking.
Days on Market for Manitowoc, WI
We’re sorry, we don't have information for this market at the moment
