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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reedsburg is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$289,500

$155/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$50,400(-14.8%)

Key Takeaway

Homes in Reedsburg have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in Reedsburg was $289,500 in October 2024, down 14.8% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $329.9K-
N/A
3 $310K$289K
-6.8%
4 $344.9K$296.9K
-13.9%
5+ $599.9K$293K
-51.2%

Summary: Reedsburg housing prices by bedroom type for October 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 6.8%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 51.2%.

Housing Supply in Reedsburg, WI

How many homes are available in Reedsburg, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5850-13.8%

Summary: The Reedsburg real estate market had 50 homes for sale in October 2024, a 13.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 3634
-5.6%
4 139
-30.8%
5+ 44
0.0%

Summary: The Reedsburg 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 40%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reedsburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Reedsburg in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Reedsburg, 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 20 Days Ago

Newest Listings in Reedsburg, WI

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