Is Springville, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Springville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Springville, WI

How much do homes in Springville, WI cost?

Median Sold Price

$149,900

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,900(+31.5%)

Key Takeaway

Homes in Springville have sold for 31.5% more than they did a year ago.

Summary: The median home sold price in Springville was $149,900 in November 2024, up 31.5% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $86.4K$104K
+20.3%
2 $132.4K$143.5K
+8.3%
3 $145K$211K
+45.5%
4 $225.5K$265K
+17.5%
5+ --
N/A

Summary: Springville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Springville
+31.5%
Wisconsin Dells
+10.1%

Housing Supply in Springville, WI

How many homes are available in Springville, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2216-27.3%

Summary: The Springville real estate market had 16 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 87
-12.5%
3 116
-45.5%
4 00
0.0%
5+ 00
0.0%

Summary: The Springville 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 12.5%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Springville in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Springville, 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 21 Days Ago

Newest Listings in Springville, WI

Nearby Markets to Springville, WI

What housing markets are near Springville, WI?