Is Pierce County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pierce County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pierce County, WI

How much do homes in Pierce County, WI cost?

Median Sold Price

$352,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,475(+0.4%)

Key Takeaway

The sold price of homes in Pierce County has remained the same since last year.

Summary: The median home sold price in Pierce County was $352,000 in October 2024, up 0.4% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140K$115.7K
-17.3%
2 $270K$299.2K
+10.8%
3 $334.9K$330K
-1.5%
4 $399K$425K
+6.5%
5+ $470K$475.7K
+1.2%

Summary: Pierce County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Counties

Goodhue County
+8.6%
Saint Croix County
+5.7%
Washington County
+2.2%
Pierce County
0.4%
Pepin County
-3.0%

Housing Supply in Pierce County, WI

How many homes are available in Pierce County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
360366+1.7%

Summary: The Pierce County real estate market had 366 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 46
+50.0%
2 5452
-3.7%
3 148160
+8.1%
4 121119
-1.7%
5+ 3329
-12.1%

Summary: The Pierce County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 12.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8165-19.8%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pierce County, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Pierce County in October 2024, down by 19.8% month-over-month. Of the 65 sold homes, 49% were sold under asking, 18% were sold at asking, and 32% were sold over asking.

Days on Market for Pierce County, WI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days47 Days+37.7%

Summary: Homes in Pierce County had an average of 47 days on market in Oct 2024, up by 37.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pierce County has remained consistent over time.

Summary: During October 2024, 65 homes were sold in Pierce County; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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 4 Days Ago

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