$5,926 Closing Credit*
$499,000
3,394 SqFt
4 Beds
•3 Full Baths, 1 Partial
#22405413, KELLY KLEIST, 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 Buyer's Market.
Key Takeaway
Medford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Medford, WI
How much do homes in Medford, WI cost?
Median Sold Price
$213,000
$110/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$62,000(-22.5%)
Key Takeaway
Homes in Medford have sold for 22.5% less than they did a month ago.
Summary: The median home sold price in Medford was $213,000 in October 2024, down 22.5% from last month, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $112.5K | N/A |
| 3 Bedrooms | $275K | $310K | +12.7% |
| 4 Bedrooms | - | $209K | N/A |
| 5+ Bedrooms | - | $278K | N/A |
Summary: Medford housing prices by bedroom type for October 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 12.7%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 47 | +4.4% |
Summary: The Medford real estate market had 47 homes for sale in October 2024, a 4.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Medford 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were 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. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Medford in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for Medford, WI
We’re sorry, we don't have information for this market at the moment
