Is Sturgeon Bay, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sturgeon Bay is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sturgeon Bay, WI

How much do homes in Sturgeon Bay, WI cost?

Median Sold Price

$457,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$78,000(+20.6%)

Key Takeaway

Homes in Sturgeon Bay have sold for 20.6% more than they did a year ago.

Summary: The median home sold price in Sturgeon Bay was $457,000 in November 2024, up 20.6% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $371.5K$160K
-56.9%
2 $372.5K$349K
-6.3%
3 $395.5K$490.7K
+24.1%
4 $369K$615K
+66.7%
5+ $1.1M$679.9K
-38.2%

Summary: Sturgeon Bay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.9%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 38.2%.

Housing Supply in Sturgeon Bay, WI

How many homes are available in Sturgeon Bay, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4231-26.2%

Summary: The Sturgeon Bay real estate market had 31 homes for sale in November 2024, a 26.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 85
-37.5%
3 1914
-26.3%
4 96
-33.3%
5+ 44
0.0%

Summary: The Sturgeon Bay 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 decreased by 37.5%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
169-43.8%

Asking Price vs. Sold Price

6 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 Sturgeon Bay, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Sturgeon Bay in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Sturgeon Bay, 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 21 Days Ago

Newest Listings in Sturgeon Bay, WI

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