$4,369 Closing Credit*
$367,900
1,688 SqFt
3 Beds
•1 Full Bath
#1989525, Kyle Schluter, Listing Office: EXP Realty, LLC
Is McFarland, 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, McFarland has remained a Seller's Market.
Key Takeaway
McFarland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McFarland, WI
How much do homes in McFarland, WI cost?
Median Sold Price
$467,500
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+11.3%)
Key Takeaway
Homes in McFarland have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in McFarland was $467,500 in October 2024, up 11.3% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325.8K | $368.5K | +13.1% |
| 3 Bedrooms | $411.7K | $440K | +6.9% |
| 4 Bedrooms | $473.5K | $519.9K | +9.8% |
| 5+ Bedrooms | $565K | $760K | +34.5% |
Summary: McFarland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 34.5%.
Median Sold Price Compared To Nearby Cities
| McFarland | $420K | $467.5K | +11.3% |
| Mc Farland | $420K | $465K | +10.7% |
| Blooming Grove | $400.4K | $437.8K | +9.3% |
| Madison | $376K | $403.9K | +7.4% |
Housing Supply in McFarland, WI
How many homes are available in McFarland, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The McFarland real estate market had 61 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 20 | 27 | +35.0% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The McFarland 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 decreased by 16.7%, 3 bedroom homes increased by 35%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McFarland, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in McFarland in October 2024, up by 35.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% were sold over asking.
Days on Market for McFarland, WI
We’re sorry, we don't have information for this market at the moment
