$3,549 Closing Credit*
$298,900
2,442 SqFt
#50301770, Laura Olejniczak-Carmichael, Listing Office: Mark D Olejniczak Realty, Inc.
Is New Franken, 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, New Franken has remained a Seller's Market.
Key Takeaway
New Franken is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Franken, WI
How much do homes in New Franken, WI cost?
Median Sold Price
$340,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.5%)
Key Takeaway
Homes in New Franken have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in New Franken was $340,000 in November 2024, up 1.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $261K | $215K | -17.6% |
| 3 Bedrooms | $335K | $367.6K | +9.7% |
| 4 Bedrooms | $340K | $405K | +19.1% |
| 5+ Bedrooms | $357.4K | $332.5K | -7.0% |
Summary: New Franken 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 decreased by 17.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes decreased by 7%.
Housing Supply in New Franken, WI
How many homes are available in New Franken, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The New Franken real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The New Franken 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 decreased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Franken, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in New Franken in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for New Franken, WI
We’re sorry, we don't have information for this market at the moment
