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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oconto is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Oconto, WI

How much do homes in Oconto, WI cost?

Median Sold Price

$220,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,900(+30.1%)

Key Takeaway

Homes in Oconto have sold for 30.1% more than they did a year ago.

Summary: The median home sold price in Oconto was $220,000 in November 2024, up 30.1% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116.5K$219.9K
+88.8%
2 $129.5K$157.5K
+21.6%
3 $176K$224.9K
+27.8%
4 $185K$315K
+70.3%
5+ $255K$500K
+96.1%

Summary: Oconto housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.8%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 70.3%, and 5+ bedroom homes increased by 96.1%.

Housing Supply in Oconto, WI

How many homes are available in Oconto, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2725-7.4%

Summary: The Oconto real estate market had 25 homes for sale in November 2024, a 7.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 77
0.0%
4 97
-22.2%
5+ 11
0.0%

Summary: The Oconto 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 remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Oconto in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Oconto, 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 Oconto, WI

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