$5,047 Closing Credit*
$425,000
2,350 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Results - Duluth (Main)
Is South Range, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, South Range has remained a Seller'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
$308,000
$177/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$47,000(-13.2%)
Key Takeaway
Homes in South Range have sold for 13.2% less than they did a month ago.
Summary: The median home sold price in South Range was $308,000 in November 2024, down 13.2% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | - | N/A |
| 2 Bedrooms | $370K | - | N/A |
| 3 Bedrooms | $355K | $308K | -13.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Range housing prices by bedroom type for November 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 decreased by 13.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Amnicon | $355K | $500K | +40.8% |
| Hawthorne | $330K | $308K | -6.7% |
| South Range | $355K | $308K | -13.2% |
Housing Supply in South Range, WI
How many homes are available in South Range, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The South Range real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The South Range housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
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 6 homes were sold or pending in South Range in November 2024, up by 20.0% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 8 Days | -77.1% |
Summary: Homes in South Range had an average of 8 days on market in Nov 2024, down by 77.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Range are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in South Range; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
