$1,722 Closing Credit*
$145,000
1,184 SqFt
3 Beds
•1 Full Bath, 1 Partial
#22405144, BROCK BAUMANN, Listing Office: C21 DAIRYLAND REALTY NORTH
Is Medford, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Medford was a Seller's Market.
Key Takeaway
Medford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Medford, WI
How much do homes in Medford, WI cost?
Median Sold Price
$287,500
$97/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$112,250(+64.1%)
Key Takeaway
Homes in Medford have sold for 64.1% more than they did a month ago.
Summary: The median home sold price in Medford was $287,500 in September 2024, up 64.1% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121.2K | - | N/A |
| 3 Bedrooms | $260K | $287.5K | +10.6% |
| 4 Bedrooms | $150K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Medford housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Medford, WI
How many homes are available in Medford, WI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The Medford real estate market had 42 homes for sale in September 2024, a 2.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Medford housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Medford, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Medford in September 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Medford, WI
We’re sorry, we don't have information for this market at the moment
