$7,956 Closing Credit*
$670,000
2,224 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker Realty
Is Spooner, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Spooner was a Seller's Market.
Key Takeaway
Spooner is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spooner, WI
How much do homes in Spooner, WI cost?
Median Sold Price
$278,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$46,500(-14.3%)
Key Takeaway
Homes in Spooner have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in Spooner was $278,500 in November 2024, down 14.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $225K | -28.6% |
| 2 Bedrooms | $295K | $251.5K | -14.7% |
| 3 Bedrooms | $282.3K | $269.2K | -4.7% |
| 4 Bedrooms | $375K | $399.9K | +6.6% |
| 5+ Bedrooms | $432.5K | $525K | +21.4% |
Summary: Spooner housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 21.4%.
Housing Supply in Spooner, WI
How many homes are available in Spooner, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 61 | -4.7% |
Summary: The Spooner real estate market had 61 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 39 | 33 | -15.4% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Spooner housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spooner, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Spooner in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 116 Days | 33 Days | -71.6% |
Summary: Homes in Spooner had an average of 33 days on market in Nov 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spooner has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Spooner; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
