$5,343 Closing Credit*
$449,900
2,066 SqFt
3 Beds
•3 Full Baths, 1 Partial
#1990560, Mike Brennan, Listing Office: First Weber Inc
Is McFarland, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$480,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+14.3%)
Key Takeaway
Homes in McFarland have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in McFarland was $480,000 in November 2024, up 14.3% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | $363K | -0.5% |
| 3 Bedrooms | $409.9K | $447K | +9.1% |
| 4 Bedrooms | $473.5K | $521.5K | +10.1% |
| 5+ Bedrooms | $565K | $754.9K | +33.6% |
Summary: McFarland 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 0.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 33.6%.
Median Sold Price Compared To Nearby Cities
| McFarland | $420K | $480K | +14.3% |
| Blooming Grove | $400.4K | $440.8K | +10.1% |
| Madison | $380.1K | $404.6K | +6.5% |
Housing Supply in McFarland, WI
How many homes are available in McFarland, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 54 | -11.5% |
Summary: The McFarland real estate market had 54 homes for sale in November 2024, a 11.5% decrease 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The McFarland 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 decreased by 40%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 10 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McFarland, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in McFarland in November 2024, down by 50.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for McFarland, WI
We’re sorry, we don't have information for this market at the moment
