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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scott is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Scott has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Scott, WI

How much do homes in Scott, WI cost?

Median Sold Price

$427,500

$208/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$3,150(+0.7%)

Key Takeaway

Homes in Scott have sold for 0.7% more than they did a month ago.

Summary: The median home sold price in Scott was $427,500 in October 2024, up 0.7% from last month, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $382.1K-
N/A
3 $303.7K$427.5K
+40.7%
4 --
N/A
5+ $749.5K-
N/A

Summary: Scott 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 increased by 40.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Scott, WI

How many homes are available in Scott, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2617-34.6%

Summary: The Scott real estate market had 17 homes for sale in October 2024, a 34.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 86
-25.0%
3 139
-30.8%
4 00
0.0%
5+ 41
-75.0%

Summary: The Scott 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 25%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were 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 Scott, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Scott in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Scott, WI

How long does it take to sell a home in Scott, WI?

Average Sale Time

Sep 2024Oct 2024CHANGE
28 Days70 Days+144.8%

Summary: Homes in Scott had an average of 70 days on market in Oct 2024, up by 144.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scott are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Scott; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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 Scott, WI

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