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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rusk is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Rusk was a Seller's Market.

Key Takeaway

Rusk is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rusk, WI

How much do homes in Rusk, WI cost?

Median Sold Price

$422,000

$355/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$72,000(+20.6%)

Key Takeaway

Homes in Rusk have sold for 20.6% more than they did a month ago.

Summary: The median home sold price in Rusk was $422,000 in November 2024, up 20.6% from last month, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $125K-
N/A
2 $350K-
N/A
3 $1.1M$422K
-64.7%
4 --
N/A
5+ --
N/A

Summary: Rusk housing prices by bedroom type for November 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 64.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rusk
+20.6%
Sampson
-20.3%

Housing Supply in Rusk, WI

How many homes are available in Rusk, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The Rusk real estate market had 11 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 10
-100.0%
3 54
-20.0%
4 14
+300.0%
5+ 11
0.0%

Summary: The Rusk housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 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 Rusk, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Rusk in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rusk, 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 Rusk, WI

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