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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strongs Prairie is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Strongs Prairie, WI

How much do homes in Strongs Prairie, WI cost?

Median Sold Price

$220,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$88,500(-28.7%)

Key Takeaway

Homes in Strongs Prairie have sold for 28.7% less than they did a year ago.

Summary: The median home sold price in Strongs Prairie was $220,000 in October 2024, down 28.7% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$147K
N/A
2 $174.5K$172.4K
-1.2%
3 $300K$290K
-3.3%
4 $354K$308.1K
-13.0%
5+ $585K-
N/A

Summary: Strongs Prairie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Germantown
-1.8%
Arkdale
-9.0%
Strongs Prairie
-28.7%

Housing Supply in Strongs Prairie, WI

How many homes are available in Strongs Prairie, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3230-6.3%

Summary: The Strongs Prairie real estate market had 30 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 1412
-14.3%
4 98
-11.1%
5+ 11
0.0%

Summary: The Strongs 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 increased by 12.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strongs Prairie, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Strongs Prairie in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Strongs Prairie, 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 Strongs Prairie, WI

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