$4,869 Closing Credit*
$410,000
2,114 SqFt
3 Beds
•2 Full Baths
#1899463, August Richter, Listing Office: Keller Williams-Manitowoc
Is Manitowoc Rapids, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Manitowoc Rapids was a Seller's Market.
Key Takeaway
Manitowoc Rapids is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manitowoc Rapids, WI
How much do homes in Manitowoc Rapids, WI cost?
Median Sold Price
$325,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$69,500(-17.6%)
Key Takeaway
Homes in Manitowoc Rapids have sold for 17.6% less than they did a year ago.
Summary: The median home sold price in Manitowoc Rapids was $325,000 in November 2024, down 17.6% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $229.9K | $200K | -13.0% |
| 3 Bedrooms | $352K | $317.5K | -9.8% |
| 4 Bedrooms | $495K | $647.5K | +30.8% |
| 5+ Bedrooms | $640K | - | N/A |
Summary: Manitowoc Rapids 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 13%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Newton | $325K | $392.5K | +20.8% |
| Manitowoc | $199.9K | $215K | +7.5% |
| Manitowoc Rapids | $394.5K | $325K | -17.6% |
Housing Supply in Manitowoc Rapids, WI
How many homes are available in Manitowoc Rapids, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Manitowoc Rapids real estate market had 14 homes for sale in November 2024, a 27.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Manitowoc Rapids 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 remained the same, 3 bedroom homes increased 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 |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 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 Manitowoc Rapids, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Manitowoc Rapids in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Manitowoc Rapids, WI
We’re sorry, we don't have information for this market at the moment
