$119,500
20.17 Acres
Land
#1587833, Matt Spets, Listing Office: Midwest Land Group LLC
Is Shawano, 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, Shawano has remained a Seller's Market.
Key Takeaway
Shawano is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shawano, WI
How much do homes in Shawano, WI cost?
Median Sold Price
$217,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,000(+10.7%)
Key Takeaway
Homes in Shawano have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Shawano was $217,000 in November 2024, up 10.7% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $160K | $185K | +15.6% |
| 3 Bedrooms | $187K | $224K | +19.8% |
| 4 Bedrooms | $226K | $242K | +7.1% |
| 5+ Bedrooms | $446K | $274K | -38.6% |
Summary: Shawano 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 15.6%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 38.6%.
Median Sold Price Compared To Nearby Cities
| Shawano | $196K | $217K | +10.7% |
| Wescott | $242.4K | $224K | -7.6% |
Housing Supply in Shawano, WI
How many homes are available in Shawano, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 61 | -4.7% |
Summary: The Shawano real estate market had 61 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 19 | 14 | -26.3% |
| 3 Bedrooms | 33 | 35 | +6.1% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Shawano housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shawano, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Shawano in November 2024, up by 35.7% month-over-month. Of the 19 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% were sold over asking.
Days on Market for Shawano, WI
We’re sorry, we don't have information for this market at the moment
