$5,344 Closing Credit*
$450,000
1,787 SqFt
3 Beds
•2 Full Baths
#50300869, MarJean Gutschow, Listing Office: ERA Starr Realty
Is Sturgeon Bay, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$449,900
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$84,900(+23.3%)
Key Takeaway
Homes in Sturgeon Bay have sold for 23.3% more than they did a year ago.
Summary: The median home sold price in Sturgeon Bay was $449,900 in October 2024, up 23.3% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $371.5K | $128.5K | -65.4% |
| 2 Bedrooms | $354.7K | $365K | +2.9% |
| 3 Bedrooms | $370.5K | $480.5K | +29.7% |
| 4 Bedrooms | $359K | $812.5K | +126.3% |
| 5+ Bedrooms | $1.1M | $679.9K | -38.2% |
Summary: Sturgeon Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.4%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 29.7%, 4 bedroom homes increased by 126.3%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 41 | -6.8% |
Summary: The Sturgeon Bay real estate market had 41 homes for sale in October 2024, a 6.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Sturgeon Bay 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 18.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sturgeon Bay, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Sturgeon Bay in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% 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
