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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onalaska is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Onalaska, WI

How much do homes in Onalaska, WI cost?

Median Sold Price

$330,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.5%)

Key Takeaway

Homes in Onalaska have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Onalaska was $330,000 in October 2024, up 1.5% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$175K
N/A
2 $217K$262K
+20.7%
3 $283.5K$315K
+11.1%
4 $377K$418K
+10.9%
5+ $509K$521K
+2.4%

Summary: Onalaska housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Cities

La Crosse
+9.1%
Onalaska
+1.5%

Housing Supply in Onalaska, WI

How many homes are available in Onalaska, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5760+5.3%

Summary: The Onalaska real estate market had 60 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 610
+66.7%
3 3227
-15.6%
4 1213
+8.3%
5+ 79
+28.6%

Summary: The Onalaska housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onalaska, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Onalaska in October 2024, down by 18.2% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for Onalaska, WI

How long does it take to sell a home in Onalaska, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Onalaska has remained consistent over time.

Summary: During October 2024, 18 homes were sold in Onalaska; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Onalaska, WI

Nearby Markets to Onalaska, WI

What housing markets are near Onalaska, WI?