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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Necedah is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Necedah was a Neutral Market.

Key Takeaway

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

Housing Prices in Necedah, WI

How much do homes in Necedah, WI cost?

Median Sold Price

$242,500

$155/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$62,600(+34.8%)

Key Takeaway

Homes in Necedah have sold for 34.8% more than they did a month ago.

Summary: The median home sold price in Necedah was $242,500 in October 2024, up 34.8% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$135K
N/A
2 $230K$88K
-61.7%
3 -$255K
N/A
4 $165K$612K
+270.9%
5+ $179.9K-
N/A

Summary: Necedah housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 61.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 270.9%, and 5+ bedroom homes did not change.

Housing Supply in Necedah, WI

How many homes are available in Necedah, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31310.0%

Summary: The Necedah real estate market had 31 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 1316
+23.1%
4 66
0.0%
5+ 54
-20.0%

Summary: The Necedah housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Necedah, 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 Necedah in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Necedah, 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 Necedah, WI

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