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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Northeast, WI

How much do homes in Northeast, WI cost?

Median Sold Price

$299,950

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,450(+14.7%)

Key Takeaway

Homes in Northeast have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in Northeast was $299,950 in November 2024, up 14.7% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $205K$230K
+12.2%
2 $310K$330K
+6.5%
3 $265K$320K
+20.8%
4 $266K$335K
+25.9%
5+ $507K$600K
+18.3%

Summary: Northeast housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Neighborhoods

Northpoint
+65.2%
Northeast
+14.7%
Murray Hill
-16.3%

Housing Supply in Northeast, WI

How many homes are available in Northeast, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148152+2.7%

Summary: The Northeast real estate market had 152 homes for sale in November 2024, a 2.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2531
+24.0%
2 4845
-6.3%
3 4043
+7.5%
4 2521
-16.0%
5+ 1012
+20.0%

Summary: The Northeast housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4526-42.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Northeast in November 2024, down by 42.2% month-over-month. Of the 26 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.

Days on Market for Northeast, 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 Northeast, WI

Nearby Markets to Northeast, WI