$2,672 Closing Credit*
$225,000
867 SqFt
4 Beds
•1 Full Bath
#50300892, Jade Peebles, Listing Office: Berkshire Hathaway HS Bay Area Realty
Is Menominee, 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, Menominee has remained a Seller's Market.
Key Takeaway
Menominee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Menominee, WI
How much do homes in Menominee, WI cost?
Median Sold Price
$495,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+7.6%)
Key Takeaway
Homes in Menominee have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Menominee was $495,000 in October 2024, up 7.6% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $401.7K | $410K | +2.1% |
| 3 Bedrooms | $460K | $495K | +7.6% |
| 4 Bedrooms | $485K | $645K | +33.0% |
| 5+ Bedrooms | $495K | $1.0M | +107.1% |
Summary: Menominee 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 2.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 33%, and 5+ bedroom homes increased by 107.1%.
Median Sold Price Compared To Nearby Cities
| Wescott | $215K | $245K | +14.0% |
| Menominee | $460K | $495K | +7.6% |
| Keshena | $460K | $477.5K | +3.8% |
Housing Supply in Menominee, WI
How many homes are available in Menominee, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Menominee real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Menominee 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Menominee, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Menominee in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Menominee, WI
We’re sorry, we don't have information for this market at the moment
