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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Omro is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Omro, WI

How much do homes in Omro, WI cost?

Median Sold Price

$255,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-3.8%)

Key Takeaway

Homes in Omro have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Omro was $255,000 in October 2024, down 3.8% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $172K$137.4K
-20.1%
2 $180K$215K
+19.4%
3 $250K$294.5K
+17.8%
4 $321.4K$348K
+8.3%
5+ -$260K
N/A

Summary: Omro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.

Housing Supply in Omro, WI

How many homes are available in Omro, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2629+11.5%

Summary: The Omro real estate market had 29 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 79
+28.6%
3 1315
+15.4%
4 34
+33.3%
5+ 21
-50.0%

Summary: The Omro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Omro, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Omro in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Omro, 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 16 Days Ago

Newest Listings in Omro, WI

Nearby Markets to Omro, WI