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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Valley is a 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

$280,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,550(+15.0%)

Key Takeaway

Homes in Spring Valley have sold for 15% more than they did a year ago.

Summary: The median home sold price in Spring Valley was $280,000 in November 2024, up 15% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $265K$190K
-28.3%
3 $239.9K$277.5K
+15.7%
4 $220K$348.2K
+58.3%
5+ $293.5K-
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 15.7%, 4 bedroom homes increased by 58.3%, 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 2024Nov 2024CHANGE
5347-11.3%

Summary: The Spring Valley real estate market had 47 homes for sale in November 2024, a 11.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 3027
-10.0%
4 1211
-8.3%
5+ 33
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 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2023Nov 2024CHANGE
32 Days51 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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