Is Minong, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Minong is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Minong was a Seller'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

$286,000

$159/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$42,000(-12.8%)

Key Takeaway

Homes in Minong have sold for 12.8% less than they did a month ago.

Summary: The median home sold price in Minong was $286,000 in November 2024, down 12.8% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $88K-
N/A
2 $328K-
N/A
3 $475K$286K
-39.8%
4 --
N/A
5+ --
N/A

Summary: Minong housing prices by bedroom type for November 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 39.8%, 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

Oct 2024Nov 2024CHANGE
4038-5.0%

Summary: The Minong real estate market had 38 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 109
-10.0%
3 2018
-10.0%
4 77
0.0%
5+ 13
+200.0%

Summary: The Minong housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Minong, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Minong in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Minong, 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 2 Days Ago

Newest Listings in Minong, WI

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