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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springwater is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Springwater, WI

How much do homes in Springwater, WI cost?

Median Sold Price

$462,000

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$182,000(+65.0%)

Key Takeaway

Homes in Springwater have sold for 65% more than they did a year ago.

Summary: The median home sold price in Springwater was $462,000 in October 2024, up 65% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$140K
-26.3%
2 $275K$356K
+29.5%
3 $279.9K$444.5K
+58.8%
4 $510K$470K
-7.8%
5+ --
N/A

Summary: Springwater housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.3%, 2 bedroom homes increased by 29.5%, 3 bedroom homes increased by 58.8%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Springwater
+65.0%
Wild Rose
+35.1%
Dayton
+8.6%

Housing Supply in Springwater, WI

How many homes are available in Springwater, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The Springwater real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 23
+50.0%
3 57
+40.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Springwater housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Springwater, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Springwater in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Springwater, 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 Springwater, WI

Nearby Markets to Springwater, WI