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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mondovi is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mondovi was a Seller's Market.

Key Takeaway

Mondovi is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mondovi, WI

How much do homes in Mondovi, WI cost?

Median Sold Price

$250,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+11.1%)

Key Takeaway

Homes in Mondovi have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Mondovi was $250,000 in November 2024, up 11.1% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $144K-
N/A
2 $147.5K$194K
+31.5%
3 $243.7K$205K
-15.9%
4 $275K$256K
-6.9%
5+ $315K$555K
+76.2%

Summary: Mondovi 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 31.5%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 76.2%.

Housing Supply in Mondovi, WI

How many homes are available in Mondovi, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23230.0%

Summary: The Mondovi real estate market had 23 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1414
0.0%
4 66
0.0%
5+ 11
0.0%

Summary: The Mondovi 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mondovi, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mondovi in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Mondovi, 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 Mondovi, WI

Nearby Markets to Mondovi, WI