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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stoughton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Stoughton, WI

How much do homes in Stoughton, WI cost?

Median Sold Price

$394,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+2.9%)

Key Takeaway

Homes in Stoughton have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Stoughton was $394,000 in October 2024, up 2.9% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147K$153.7K
+4.6%
2 $273.5K$275K
0.5%
3 $375.6K$390K
+3.8%
4 $474.9K$451K
-5.0%
5+ $493.6K$610K
+23.6%

Summary: Stoughton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 23.6%.

Median Sold Price Compared To Nearby Cities

Dunkirk
+11.1%
Stoughton
+2.9%

Housing Supply in Stoughton, WI

How many homes are available in Stoughton, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8396+15.7%

Summary: The Stoughton real estate market had 96 homes for sale in October 2024, a 15.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 98
-11.1%
3 4349
+14.0%
4 2735
+29.6%
5+ 22
0.0%

Summary: The Stoughton 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 decreased by 11.1%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1427+92.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stoughton, you may be able to get a good deal. 37% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Stoughton in October 2024, up by 92.9% month-over-month. Of the 27 sold homes, 37% were sold under asking, 33% were sold at asking, and 30% were sold over asking.

Days on Market for Stoughton, 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 20 Days Ago

Newest Listings in Stoughton, WI

Nearby Markets to Stoughton, WI