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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pembine is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pembine, WI

How much do homes in Pembine, WI cost?

Median Sold Price

$160,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+18.5%)

Key Takeaway

Homes in Pembine have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Pembine was $160,000 in October 2024, up 18.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$128.7K
+7.3%
2 $142K$160K
+12.7%
3 $152.5K$219.9K
+44.2%
4 -$200K
N/A
5+ --
N/A

Summary: Pembine housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 44.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Beecher
+23.1%
Pembine
+18.5%

Housing Supply in Pembine, WI

How many homes are available in Pembine, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1915-21.1%

Summary: The Pembine real estate market had 15 homes for sale in October 2024, a 21.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 96
-33.3%
3 64
-33.3%
4 01
+100.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pembine, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Pembine in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Pembine, 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 20 Days Ago

Newest Listings in Pembine, WI

Nearby Markets to Pembine, WI