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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stephenson is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Stephenson, WI

How much do homes in Stephenson, WI cost?

Median Sold Price

$220,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,950(-2.2%)

Key Takeaway

Homes in Stephenson have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Stephenson was $220,000 in November 2024, down 2.2% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $231K$90K
-61.0%
2 $213.2K$208K
-2.4%
3 $214.9K$256.9K
+19.5%
4 $296.9K$616.5K
+107.6%
5+ $424.9K-
N/A

Summary: Stephenson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 107.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stephenson
-2.2%
Crivitz
-4.4%

Housing Supply in Stephenson, WI

How many homes are available in Stephenson, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2625-3.8%

Summary: The Stephenson real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 1211
-8.3%
3 88
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Stephenson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stephenson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stephenson in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Stephenson, 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 2 Days Ago

Newest Listings in Stephenson, WI

Nearby Markets to Stephenson, WI