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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newburg is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Newburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Newburg, WI

How much do homes in Newburg, WI cost?

Median Sold Price

$320,000

$183/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$7,000(+2.2%)

Key Takeaway

Homes in Newburg have sold for 2.2% more than they did a month ago.

Summary: The median home sold price in Newburg was $320,000 in October 2024, up 2.2% from last month, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $313K$320K
+2.2%
4 --
N/A
5+ --
N/A

Summary: Newburg 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 did not change, 3 bedroom homes increased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Newburg, WI

How many homes are available in Newburg, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
54-20.0%

Summary: The Newburg real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Newburg 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Newburg in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Newburg, 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 17 Days Ago

Newest Listings in Newburg, WI

Nearby Markets to Newburg, WI

What housing markets are near Newburg, WI?