$2,434 Closing Credit*
$205,000
1,484 SqFt
4 Beds
•1 Full Bath
Listing Office: Realty Group LLC
Is Spring Valley, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Spring Valley was a Seller's Market.
Key Takeaway
Spring Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spring Valley, WI
How much do homes in Spring Valley, WI cost?
Median Sold Price
$305,000
$152/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$5,500(+1.8%)
Key Takeaway
Homes in Spring Valley have sold for 1.8% more than they did a month ago.
Summary: The median home sold price in Spring Valley was $305,000 in August 2024, up 1.8% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | - | N/A |
| 3 Bedrooms | $483K | $305K | -36.9% |
| 4 Bedrooms | $283K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Spring Valley housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Spring Valley | $299.5K | $305K | +1.8% |
| Cady | $650K | $310K | -52.3% |
| Gilman | $400K | $118.5K | -70.4% |
Housing Supply in Spring Valley, WI
How many homes are available in Spring Valley, WI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 35 | 48 | +37.1% |
Summary: The Spring Valley real estate market had 48 homes for sale in August 2024, a 37.1% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 21 | 34 | +61.9% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Spring Valley housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 61.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Spring Valley in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 56 Days | 39 Days | -29.5% |
Summary: Homes in Spring Valley had an average of 39 days on market in Aug 2024, down by 29.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 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 August 2024, 5 homes were sold in Spring Valley; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
