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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Suamico is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Suamico, WI

How much do homes in Suamico, WI cost?

Median Sold Price

$440,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,212(+10.1%)

Key Takeaway

Homes in Suamico have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Suamico was $440,000 in October 2024, up 10.1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $257.7K$355K
+37.7%
3 $390K$419.9K
+7.7%
4 $482K$528K
+9.5%
5+ $525K$800K
+52.4%

Summary: Suamico 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 increased by 37.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 52.4%.

Median Sold Price Compared To Nearby Cities

Suamico
+10.1%
Little Suamico
+9.0%
Howard
+4.3%
Pittsfield
+2.9%

Housing Supply in Suamico, WI

How many homes are available in Suamico, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4951+4.1%

Summary: The Suamico real estate market had 51 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 2323
0.0%
4 1618
+12.5%
5+ 43
-25.0%

Summary: The Suamico 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Suamico, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Suamico in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for Suamico, 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 16 Days Ago

Newest Listings in Suamico, WI

Nearby Markets to Suamico, WI

What housing markets are near Suamico, WI?