Is Menominee County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Menominee County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Menominee County has remained a Seller's Market.

Key Takeaway

Menominee County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Menominee County, WI

How much do homes in Menominee County, WI cost?

Median Sold Price

$477,500

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,500(+3.8%)

Key Takeaway

Homes in Menominee County have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Menominee County was $477,500 in October 2024, up 3.8% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $401.7K$410K
+2.1%
3 $460K$495K
+7.6%
4 $485K$640K
+32.0%
5+ $495K$1.0M
+107.1%

Summary: Menominee County 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 32%, and 5+ bedroom homes increased by 107.1%.

Median Sold Price Compared To Nearby Counties

Oconto County
+14.6%
Shawano County
+13.1%
Menominee County
+3.8%

Housing Supply in Menominee County, WI

How many homes are available in Menominee County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The Menominee County real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 77
0.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Menominee County 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 2024Oct 2024CHANGE
16+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Menominee County, 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 County 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 County, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Menominee County, WI

Nearby Markets to Menominee County, WI

What housing markets are near Menominee County, WI?