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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redgranite is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Redgranite was a Neutral Market.

Key Takeaway

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

Housing Prices in Redgranite, WI

How much do homes in Redgranite, WI cost?

Median Sold Price

$170,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+6.3%)

Key Takeaway

Homes in Redgranite have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Redgranite was $170,000 in October 2024, up 6.3% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170.4K$122K
-28.4%
2 $142.5K$143K
0.4%
3 $185K$180K
-2.7%
4 $345K$195K
-43.5%
5+ --
N/A

Summary: Redgranite housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 43.5%, and 5+ bedroom homes did not change.

Housing Supply in Redgranite, WI

How many homes are available in Redgranite, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Redgranite real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 66
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Redgranite 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Redgranite, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Redgranite in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Redgranite, 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 17 Days Ago

Newest Listings in Redgranite, WI

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