$5,106 Closing Credit*
$429,999
3,210 SqFt
6 Beds
•3 Full Baths
#1989815, Randall Seeley, Listing Office: NextHome Prime Real Estate
Is Richland Center, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Richland Center has remained a Seller's Market.
Key Takeaway
Richland Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richland Center, WI
How much do homes in Richland Center, WI cost?
Median Sold Price
$252,000
$159/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$43,000(-14.6%)
Key Takeaway
Homes in Richland Center have sold for 14.6% less than they did a month ago.
Summary: The median home sold price in Richland Center was $252,000 in October 2024, down 14.6% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147.3K | $134.9K | -8.5% |
| 3 Bedrooms | $325K | $318.5K | -2.0% |
| 4 Bedrooms | $449.2K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Richland Center 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 decreased by 8.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Richland Center | $295K | $252K | -14.6% |
| Richland | $505.7K | $385K | -23.9% |
Housing Supply in Richland Center, WI
How many homes are available in Richland Center, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Richland Center real estate market had 29 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Richland Center 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 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richland Center, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Richland Center in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Richland Center, WI
We’re sorry, we don't have information for this market at the moment
