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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Preble is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Preble, WI

How much do homes in Preble, WI cost?

Median Sold Price

$308,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,000(+6.2%)

Key Takeaway

Homes in Preble have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Preble was $308,000 in November 2024, up 6.2% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $201K$207.5K
+3.2%
3 $271K$300K
+10.7%
4 $318K$324.5K
+2.0%
5+ $360.5K$565K
+56.7%

Summary: Preble housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 56.7%.

Median Sold Price Compared To Nearby Neighborhoods

Preble
+6.2%
City of Green Bay
+4.4%

Housing Supply in Preble, WI

How many homes are available in Preble, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3028-6.7%

Summary: The Preble real estate market had 28 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1615
-6.3%
4 108
-20.0%
5+ 01
+100.0%

Summary: The Preble 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Preble, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Preble in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.

Days on Market for Preble, 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 10 Days Ago

Newest Listings in Preble, WI

Nearby Markets to Preble, WI