Is Manitowoc County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manitowoc County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Manitowoc County, WI

How much do homes in Manitowoc County, WI cost?

Median Sold Price

$218,750

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,500(+6.6%)

Key Takeaway

Homes in Manitowoc County have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Manitowoc County was $218,750 in October 2024, up 6.6% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $106K$81.4K
-23.1%
2 $155K$171K
+10.3%
3 $210K$225K
+7.1%
4 $250K$265K
+6.0%
5+ $376.3K$255K
-32.2%

Summary: Manitowoc County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 32.2%.

Median Sold Price Compared To Nearby Counties

Sheboygan County
+12.3%
Brown County
+8.6%
Manitowoc County
+6.6%
Kewaunee County
+4.7%

Housing Supply in Manitowoc County, WI

How many homes are available in Manitowoc County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
247275+11.3%

Summary: The Manitowoc County real estate market had 275 homes for sale in October 2024, a 11.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 3546
+31.4%
3 133140
+5.3%
4 6068
+13.3%
5+ 1720
+17.6%

Summary: The Manitowoc County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 31.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 17.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7061-12.9%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manitowoc County, you could pay more than the asking price. 55.7% of homes here sold above asking price last month.

Summary: A total of 61 homes were sold or pending in Manitowoc County in October 2024, down by 12.9% month-over-month. Of the 61 sold homes, 26% were sold under asking, 18% were sold at asking, and 56% were sold over asking.

Days on Market for Manitowoc County, 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 20 Days Ago

Newest Listings in Manitowoc County, WI

Nearby Markets to Manitowoc County, WI

What housing markets are near Manitowoc County, WI?