Is Spring Prairie, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Prairie is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Spring Prairie was a Buyer's Market.

Key Takeaway

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

Housing Prices in Spring Prairie, WI

How much do homes in Spring Prairie, WI cost?

Median Sold Price

$512,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$62,000(+13.8%)

Key Takeaway

Homes in Spring Prairie have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Spring Prairie was $512,000 in November 2024, up 13.8% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K$290K
+11.5%
3 $535K$506K
-5.4%
4 $450K$640K
+42.2%
5+ $553.2K$670K
+21.1%

Summary: Spring Prairie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 42.2%, and 5+ bedroom homes increased by 21.1%.

Median Sold Price Compared To Nearby Cities

Spring Prairie
+13.8%
Lyons
+6.6%
Burlington
-0.2%
Rochester
-9.5%

Housing Supply in Spring Prairie, WI

How many homes are available in Spring Prairie, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Spring Prairie real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Spring Prairie 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spring Prairie, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Spring Prairie in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Spring Prairie, 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 17 Days Ago

Newest Listings in Spring Prairie, WI

Nearby Markets to Spring Prairie, WI

What housing markets are near Spring Prairie, WI?