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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Omro is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Omro was a Seller's Market.

Key Takeaway

Omro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Omro, WI

How much do homes in Omro, WI cost?

Median Sold Price

$277,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,500(+5.5%)

Key Takeaway

Homes in Omro have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Omro was $277,000 in November 2024, up 5.5% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172K$137.4K
-20.1%
2 $185K$215K
+16.2%
3 $250K$299.5K
+19.8%
4 $321.4K$375K
+16.7%
5+ -$260K
N/A

Summary: Omro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 16.7%, 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

Oct 2024Nov 2024CHANGE
3022-26.7%

Summary: The Omro real estate market had 22 homes for sale in November 2024, a 26.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 93
-66.7%
3 1613
-18.8%
4 45
+25.0%
5+ 11
0.0%

Summary: The Omro 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 66.7%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
113-72.7%

Asking Price vs. Sold Price

2 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 Omro, 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 Omro in November 2024, down by 72.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% 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 17 Days Ago

Newest Listings in Omro, WI

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