$474 Closing Credit*
$39,900
925 SqFt
3 Beds
•1 Full Bath
#1990699, Gina Kloostra, Listing Office: Cotter Realty LLC
Is Montello, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Montello has remained a Seller's Market.
Key Takeaway
Montello is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montello, WI
How much do homes in Montello, WI cost?
Median Sold Price
$250,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,550(+13.4%)
Key Takeaway
Homes in Montello have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Montello was $250,000 in November 2024, up 13.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166.5K | $113.4K | -31.9% |
| 2 Bedrooms | $187.2K | $187.5K | 0.1% |
| 3 Bedrooms | $260K | $273.7K | +5.3% |
| 4 Bedrooms | $300K | $307.7K | +2.6% |
| 5+ Bedrooms | $288.3K | $339K | +17.6% |
Summary: Montello housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 17.6%.
Housing Supply in Montello, WI
How many homes are available in Montello, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 53 | -11.7% |
Summary: The Montello real estate market had 53 homes for sale in November 2024, a 11.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 25 | 21 | -16.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Montello housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montello, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Montello in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Montello, WI
We’re sorry, we don't have information for this market at the moment
