$75,000
1.58 Acres
Land
#6638527, Tony Johnson, Listing Office: Edina Realty, Inc.
Is Milltown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Milltown was a Buyer's Market.
Key Takeaway
Milltown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milltown, WI
How much do homes in Milltown, WI cost?
Median Sold Price
$266,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,500(+27.0%)
Key Takeaway
Homes in Milltown have sold for 27% more than they did a year ago.
Summary: The median home sold price in Milltown was $266,000 in November 2024, up 27% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.4K | $174.4K | +9.4% |
| 3 Bedrooms | $246K | $238.5K | -3.0% |
| 4 Bedrooms | $275K | $380K | +38.2% |
| 5+ Bedrooms | $1.1M | $1.2M | +14.4% |
Summary: Milltown 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 increased by 9.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes increased by 14.4%.
Housing Supply in Milltown, WI
How many homes are available in Milltown, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Milltown real estate market had 14 homes for sale in November 2024, a 22.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Milltown 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milltown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Milltown in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Milltown, WI
How long does it take to sell a home in Milltown, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 91 Days | +92.6% |
Summary: Homes in Milltown had an average of 91 days on market in Nov 2024, up by 92.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Milltown has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Milltown; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
