Is Mount Horeb, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Horeb is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mount Horeb has remained a Seller's Market.

Key Takeaway

Mount Horeb is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mount Horeb, WI

How much do homes in Mount Horeb, WI cost?

Median Sold Price

$452,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,500(+5.2%)

Key Takeaway

Homes in Mount Horeb have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Mount Horeb was $452,500 in November 2024, up 5.2% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K-
N/A
2 $282K$331.2K
+17.4%
3 $410K$424K
+3.4%
4 $506.5K$525K
+3.7%
5+ $716.8K$599.9K
-16.3%

Summary: Mount Horeb 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 17.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 16.3%.

Housing Supply in Mount Horeb, WI

How many homes are available in Mount Horeb, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3334+3.0%

Summary: The Mount Horeb real estate market had 34 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1618
+12.5%
4 1012
+20.0%
5+ 32
-33.3%

Summary: The Mount Horeb 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 decreased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Horeb, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Mount Horeb in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Mount Horeb, 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 20 Days Ago

Newest Listings in Mount Horeb, WI

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