$2,730 Closing Credit*
$229,900
1,708 SqFt
3 Beds
•2 Full Baths
#1587469, Wendy Dallmann, Listing Office: Real Estate Solutions
Is Spooner, 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, Spooner has remained a Neutral Market.
Key Takeaway
Spooner is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Spooner, WI
How much do homes in Spooner, WI cost?
Median Sold Price
$440,000
$294/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$76,200(-14.8%)
Key Takeaway
Homes in Spooner have sold for 14.8% less than they did a month ago.
Summary: The median home sold price in Spooner was $440,000 in October 2024, down 14.8% from last month, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325.8K | N/A |
| 2 Bedrooms | $516.2K | $210K | -59.3% |
| 3 Bedrooms | $10K | $535K | +5250.0% |
| 4 Bedrooms | $600K | $190K | -68.3% |
| 5+ Bedrooms | $600K | - | N/A |
Summary: Spooner 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 decreased by 59.3%, 3 bedroom homes increased by 5250%, 4 bedroom homes decreased by 68.3%, and 5+ bedroom homes did not change.
Housing Supply in Spooner, WI
How many homes are available in Spooner, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 67 | +15.5% |
Summary: The Spooner real estate market had 67 homes for sale in October 2024, a 15.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 31 | 39 | +25.8% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Spooner 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 decreased by 22.2%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spooner, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Spooner in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for Spooner, WI
How long does it take to sell a home in Spooner, WI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 15 Days | -42.7% |
Summary: Homes in Spooner had an average of 15 days on market in Oct 2024, down by 42.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spooner are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Spooner; 27% 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.
