Is Star Prairie, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Star Prairie is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Star Prairie was a Seller's Market.

Key Takeaway

Star Prairie is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Star Prairie, WI

How much do homes in Star Prairie, WI cost?

Median Sold Price

$424,000

$154/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$34,000(+8.7%)

Key Takeaway

Homes in Star Prairie have sold for 8.7% more than they did a month ago.

Summary: The median home sold price in Star Prairie was $424,000 in October 2024, up 8.7% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$424K
N/A
4 $500K-
N/A
5+ $280K-
N/A

Summary: Star Prairie housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Star Prairie
+51.4%
Star Prairie
+8.7%

Housing Supply in Star Prairie, WI

How many homes are available in Star Prairie, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1318+38.5%

Summary: The Star Prairie real estate market had 18 homes for sale in October 2024, a 38.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 813
+62.5%
4 24
+100.0%
5+ 20
-100.0%

Summary: The Star Prairie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were 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 Star Prairie, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Star Prairie in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Star Prairie, WI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
8 Days47 Days+493.8%

Summary: Homes in Star Prairie had an average of 47 days on market in Oct 2024, up by 493.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Star Prairie are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Star Prairie; 33% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Star Prairie, WI

Nearby Markets to Star Prairie, WI

What housing markets are near Star Prairie, WI?