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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Southeast, WI

How much do homes in Southeast, WI cost?

Median Sold Price

$280,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,226(+5.4%)

Key Takeaway

Homes in Southeast have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Southeast was $280,000 in November 2024, up 5.4% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $177.5K$170K
-4.2%
2 $225K$242K
+7.6%
3 $272K$285K
+4.8%
4 $310K$317K
+2.3%
5+ $394K$400K
+1.5%

Summary: Southeast housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Neighborhoods

Saveland Park
+16.9%
Bay View
+13.2%
Tippecanoe
+8.0%
Southeast
+5.4%

Housing Supply in Southeast, WI

How many homes are available in Southeast, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113101-10.6%

Summary: The Southeast real estate market had 101 homes for sale in November 2024, a 10.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2319
-17.4%
3 6754
-19.4%
4 1821
+16.7%
5+ 35
+66.7%

Summary: The Southeast 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 17.4%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4932-34.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in Southeast in November 2024, down by 34.7% month-over-month. Of the 32 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for Southeast, 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 21 Days Ago

Newest Listings in Southeast, WI

Nearby Markets to Southeast, WI