Is South Range, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Range is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, South Range was a Buyer's Market.

Key Takeaway

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

Housing Prices in South Range, WI

How much do homes in South Range, WI cost?

Median Sold Price

$355,000

$204/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$25,000(+7.6%)

Key Takeaway

Homes in South Range have sold for 7.6% more than they did a month ago.

Summary: The median home sold price in South Range was $355,000 in October 2024, up 7.6% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$265K
N/A
2 -$370K
N/A
3 $330K$355K
+7.6%
4 --
N/A
5+ --
N/A

Summary: South Range 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 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Range
+7.6%
Amnicon
+7.6%

Housing Supply in South Range, WI

How many homes are available in South Range, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1820+11.1%

Summary: The South Range real estate market had 20 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 44
0.0%
3 1011
+10.0%
4 00
0.0%
5+ 12
+100.0%

Summary: The South Range 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Range, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in South Range in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for South Range, WI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days35 Days+400.0%

Summary: Homes in South Range had an average of 35 days on market in Oct 2024, up by 400% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in South Range; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 South Range, WI

Nearby Markets to South Range, WI

What housing markets are near South Range, WI?