$3,444 Closing Credit*
$290,000
2,400 SqFt
3 Beds
•2 Full Baths
#1991017, Anamaria Gorius, Listing Office: Berkshire Hathaway HomeServices Local Realty
Is Reedsburg, 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, Reedsburg has remained a Seller's Market.
Key Takeaway
Reedsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reedsburg, WI
How much do homes in Reedsburg, WI cost?
Median Sold Price
$280,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,250(-2.9%)
Key Takeaway
Homes in Reedsburg have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Reedsburg was $280,500 in November 2024, down 2.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $76.2K | N/A |
| 2 Bedrooms | $180K | $206.9K | +15.0% |
| 3 Bedrooms | $290K | $275.5K | -5.0% |
| 4 Bedrooms | $310K | $301.1K | -2.9% |
| 5+ Bedrooms | $312.7K | $334.9K | +7.1% |
Summary: Reedsburg 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 15%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in Reedsburg, WI
How many homes are available in Reedsburg, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 47 | -6.0% |
Summary: The Reedsburg real estate market had 47 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Reedsburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reedsburg, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Reedsburg in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Reedsburg, WI
We’re sorry, we don't have information for this market at the moment
