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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanley is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Stanley was a Neutral Market.

Key Takeaway

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

Housing Prices in Stanley, WI

How much do homes in Stanley, WI cost?

Median Sold Price

$265,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+17.8%)

Key Takeaway

Homes in Stanley have sold for 17.8% more than they did a year ago.

Summary: The median home sold price in Stanley was $265,000 in November 2024, up 17.8% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$475K
N/A
2 $205K$285K
+39.0%
3 $224.5K$255K
+13.6%
4 $269.8K$287K
+6.4%
5+ $217.5K$120K
-44.8%

Summary: Stanley 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 increased by 39%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 44.8%.

Median Sold Price Compared To Nearby Cities

Stanley
+17.8%
Cameron
+16.8%
Rice Lake
-4.4%

Housing Supply in Stanley, WI

How many homes are available in Stanley, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2522-12.0%

Summary: The Stanley real estate market had 22 homes for sale in November 2024, a 12.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1615
-6.3%
4 75
-28.6%
5+ 00
0.0%

Summary: The Stanley 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stanley in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Stanley, WI

How long does it take to sell a home in Stanley, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Stanley has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Stanley; 0% of homes were sold within 30 days, 17% 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 2 Days Ago

Newest Listings in Stanley, WI

Nearby Markets to Stanley, WI

What housing markets are near Stanley, WI?