Is Sugar Creek, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Creek is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sugar Creek, WI

How much do homes in Sugar Creek, WI cost?

Median Sold Price

$377,500

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+2.7%)

Key Takeaway

Homes in Sugar Creek have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Sugar Creek was $377,500 in November 2024, up 2.7% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $96K$239.9K
+149.9%
2 $290K$225K
-22.4%
3 $325K$389K
+19.7%
4 $400K$485K
+21.3%
5+ $2.1M$315K
-85.4%

Summary: Sugar Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 149.9%, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 85.4%.

Median Sold Price Compared To Nearby Cities

Elkhorn
+8.3%
Sugar Creek
+2.7%
Lafayette
-1.4%
Troy
-5.2%

Housing Supply in Sugar Creek, WI

How many homes are available in Sugar Creek, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Sugar Creek real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 88
0.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The Sugar Creek 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugar Creek, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sugar Creek in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Sugar Creek, 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 17 Days Ago

Newest Listings in Sugar Creek, WI

Nearby Markets to Sugar Creek, WI

What housing markets are near Sugar Creek, WI?