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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheboygan is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sheboygan has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sheboygan, WI

How much do homes in Sheboygan, WI cost?

Median Sold Price

$248,327

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,352(+10.4%)

Key Takeaway

Homes in Sheboygan have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Sheboygan was $248,327 in November 2024, up 10.4% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $156K$184.4K
+18.2%
2 $175K$190K
+8.6%
3 $229.5K$255K
+11.1%
4 $261K$280K
+7.3%
5+ $233.5K$315K
+34.9%

Summary: Sheboygan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 34.9%.

Median Sold Price Compared To Nearby Cities

Wilson
+15.1%
Sheboygan
+10.4%
Kohler
-4.2%

Housing Supply in Sheboygan, WI

How many homes are available in Sheboygan, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
157144-8.3%

Summary: The Sheboygan real estate market had 144 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2820
-28.6%
3 8983
-6.7%
4 2728
+3.7%
5+ 1111
0.0%

Summary: The Sheboygan 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 28.6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5535-36.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sheboygan, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in Sheboygan in November 2024, down by 36.4% month-over-month. Of the 35 sold homes, 34% were sold under asking, 23% were sold at asking, and 43% were sold over asking.

Days on Market for Sheboygan, 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 Sheboygan, WI

Nearby Markets to Sheboygan, WI