Is New Glarus, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Glarus is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, New Glarus was a Buyer's Market.

Key Takeaway

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

Housing Prices in New Glarus, WI

How much do homes in New Glarus, WI cost?

Median Sold Price

$320,000

$232/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$328,950(-50.7%)

Key Takeaway

Homes in New Glarus have sold for 50.7% less than they did a month ago.

Summary: The median home sold price in New Glarus was $320,000 in November 2024, down 50.7% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $492.5K$320K
-35.0%
4 $805.4K-
N/A
5+ --
N/A

Summary: New Glarus housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in New Glarus, WI

How many homes are available in New Glarus, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1617+6.3%

Summary: The New Glarus real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 109
-10.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The New Glarus 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Glarus, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in New Glarus in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for New Glarus, 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 New Glarus, WI

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