$34,900
Land
Listing Office: Woods & Water Real Estate LLC
Is Minong, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Minong has remained a Buyer's Market.
Key Takeaway
Minong is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Minong, WI
How much do homes in Minong, WI cost?
Median Sold Price
$255,000
$130/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$31,000(-10.8%)
Key Takeaway
Homes in Minong have sold for 10.8% less than they did a month ago.
Summary: The median home sold price in Minong was $255,000 in December 2024, down 10.8% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $277.5K | N/A |
| 3 Bedrooms | $286K | $185K | -35.3% |
| 4 Bedrooms | - | $285K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Minong housing prices by bedroom type for December 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 decreased by 35.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Minong, WI
How many homes are available in Minong, WI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Minong real estate market had 37 homes for sale in December 2024, a 2.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Minong housing inventory by bedroom type for December 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 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Minong, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Minong in December 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Minong, WI
How long does it take to sell a home in Minong, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Minong has remained consistent over time.
Summary: During December 2024, 5 homes were sold in Minong; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
