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 November 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

$221,166

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,166(+7.9%)

Key Takeaway

Homes in Manitowoc County have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Manitowoc County was $221,166 in November 2024, up 7.9% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $95K$97K
+2.1%
2 $156K$179.2K
+14.9%
3 $210K$225K
+7.1%
4 $255K$265K
+3.9%
5+ $368K$270K
-26.6%

Summary: Manitowoc County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 26.6%.

Median Sold Price Compared To Nearby Counties

Sheboygan County
+13.5%
Brown County
+9.1%
Kewaunee County
+8.7%
Manitowoc County
+7.9%

Housing Supply in Manitowoc County, WI

How many homes are available in Manitowoc County, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
274271-1.1%

Summary: The Manitowoc County real estate market had 271 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 4547
+4.4%
3 142151
+6.3%
4 6757
-14.9%
5+ 1915
-21.1%

Summary: The Manitowoc County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 21.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6771+6.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

37 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. 52.1% of homes here sold above asking price last month.

Summary: A total of 71 homes were sold or pending in Manitowoc County in November 2024, up by 6.0% month-over-month. Of the 71 sold homes, 30% were sold under asking, 18% were sold at asking, and 52% 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?