$3,086 Closing Credit*
$259,900
2,471 SqFt
3 Beds
•2 Baths
#6634640, Michael Olson, Listing Office: Coldwell Banker Realty
Is Prescott, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Prescott has remained a Seller's Market.
Key Takeaway
Prescott is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Prescott, WI
How much do homes in Prescott, WI cost?
Median Sold Price
$389,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,900(-2.7%)
Key Takeaway
Homes in Prescott have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Prescott was $389,000 in November 2024, down 2.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $700K | - | N/A |
| 2 Bedrooms | $299.9K | $305K | +1.7% |
| 3 Bedrooms | $335.8K | $330.7K | -1.5% |
| 4 Bedrooms | $437.5K | $445K | +1.7% |
| 5+ Bedrooms | $749.9K | $565K | -24.7% |
Summary: Prescott 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 1.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 24.7%.
Housing Supply in Prescott, WI
How many homes are available in Prescott, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 53 | -10.2% |
Summary: The Prescott real estate market had 53 homes for sale in November 2024, a 10.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Prescott 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 28.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prescott, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Prescott in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Prescott, WI
How long does it take to sell a home in Prescott, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 36 Days | +66.0% |
Summary: Homes in Prescott had an average of 36 days on market in Nov 2024, up by 66% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Prescott has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Prescott; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
