$2,256 Closing Credit*
$190,000
1,163 SqFt
2 Beds
•1 Full Bath
#6639961, Angela Fesenmaier, Listing Office: Realty ONE Group SIMPLIFIED
Is Spring Valley, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Spring Valley has remained a Seller's Market.
Key Takeaway
Spring Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Valley, WI
How much do homes in Spring Valley, WI cost?
Median Sold Price
$281,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,050(+15.6%)
Key Takeaway
Homes in Spring Valley have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Spring Valley was $281,500 in November 2024, up 15.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265K | $190K | -28.3% |
| 3 Bedrooms | $239.9K | $278.7K | +16.2% |
| 4 Bedrooms | $220K | $322.5K | +46.6% |
| 5+ Bedrooms | $247K | - | N/A |
Summary: Spring Valley 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 decreased by 28.3%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 46.6%, and 5+ bedroom homes did not change.
Housing Supply in Spring Valley, WI
How many homes are available in Spring Valley, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 46 | -11.5% |
Summary: The Spring Valley real estate market had 46 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 30 | 27 | -10.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Spring Valley 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 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Spring Valley in November 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.
Days on Market for Spring Valley, WI
How long does it take to sell a home in Spring Valley, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 51 Days | +60.6% |
Summary: Homes in Spring Valley had an average of 51 days on market in Nov 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spring Valley has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Spring Valley; 18% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
