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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Readstown is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Readstown was a Neutral Market.

Key Takeaway

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

Housing Prices in Readstown, WI

How much do homes in Readstown, WI cost?

Median Sold Price

$130,000

$86/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$260,000(-66.7%)

Key Takeaway

Homes in Readstown have sold for 66.7% less than they did a month ago.

Summary: The median home sold price in Readstown was $130,000 in August 2024, down 66.7% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 -$192K
N/A
3 $390K$114.9K
-70.5%
4 --
N/A
5+ --
N/A

Summary: Readstown housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 70.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Readstown, WI

How many homes are available in Readstown, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
68+33.3%

Summary: The Readstown real estate market had 8 homes for sale in August 2024, a 33.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 43
-25.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Readstown housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Readstown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Readstown in August 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Readstown, 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 19 Days Ago

Newest Listings in Readstown, WI

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