$960,000
48.04 Acres
Land
#1586786, Trevor Glomski, Listing Office: High Point Land Company
Is Oak Grove, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Oak Grove has remained a Seller's Market.
Key Takeaway
Oak Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oak Grove, WI
How much do homes in Oak Grove, WI cost?
Median Sold Price
$475,000
$160/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$175,000(-26.9%)
Key Takeaway
Homes in Oak Grove have sold for 26.9% less than they did a month ago.
Summary: The median home sold price in Oak Grove was $475,000 in November 2024, down 26.9% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650K | - | N/A |
| 3 Bedrooms | $462.5K | $550K | +18.9% |
| 4 Bedrooms | $888K | $475K | -46.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Oak Grove 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 increased by 18.9%, 4 bedroom homes decreased by 46.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oak Grove | $650K | $475K | -26.9% |
| Clifton | $670K | $465K | -30.6% |
Housing Supply in Oak Grove, WI
How many homes are available in Oak Grove, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Summary: The Oak Grove real estate market had 17 homes for sale in November 2024, a 22.7% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oak Grove 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 decreased by 16.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Grove, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Oak Grove in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Oak Grove, WI
How long does it take to sell a home in Oak Grove, WI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 41 Days | -31.3% |
Summary: Homes in Oak Grove had an average of 41 days on market in Nov 2024, down by 31.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oak Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Oak Grove; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
