$1,128 Closing Credit*
$95,000
820 SqFt
2 Beds
•1 Full Bath
#50301025, Brook Sikorski, Listing Office: Real Broker LLC
Is Shawano, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$216,750
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,750(+14.7%)
Key Takeaway
Homes in Shawano have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Shawano was $216,750 in October 2024, up 14.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $246K | N/A |
| 2 Bedrooms | $160K | $185K | +15.6% |
| 3 Bedrooms | $180K | $217.7K | +21.0% |
| 4 Bedrooms | $224K | $242K | +8.0% |
| 5+ Bedrooms | $446K | $274K | -38.6% |
Summary: Shawano housing prices by bedroom type for October 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 21%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 38.6%.
Median Sold Price Compared To Nearby Cities
| Shawano | $189K | $216.7K | +14.7% |
| Wescott | $215K | $245K | +14.0% |
Housing Supply in Shawano, WI
How many homes are available in Shawano, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 64 | +1.6% |
Summary: The Shawano real estate market had 64 homes for sale in October 2024, a 1.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 23 | 19 | -17.4% |
| 3 Bedrooms | 25 | 31 | +24.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Shawano housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 24%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shawano, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Shawano in October 2024, down by 22.2% month-over-month. Of the 14 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for Shawano, WI
We’re sorry, we don't have information for this market at the moment
