$339,980
1.34 Acres
Land
#1899534, Gitzlaff Team*, Listing Office: RE/MAX ELITE
Is Sugar Creek, 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, 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
$375,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+3.4%)
Key Takeaway
Homes in Sugar Creek have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Sugar Creek was $375,000 in October 2024, up 3.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80.5K | $299.9K | +272.5% |
| 2 Bedrooms | $360K | $225K | -37.5% |
| 3 Bedrooms | $327.5K | $384.5K | +17.4% |
| 4 Bedrooms | $400K | $482.5K | +20.6% |
| 5+ Bedrooms | $1.3M | $1.2M | -8.3% |
Summary: Sugar Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 272.5%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
| Elkhorn | $330K | $353.3K | +7.1% |
| Sugar Creek | $362.5K | $375K | +3.4% |
| Troy | $432K | $445.5K | +3.1% |
| Lafayette | $517.5K | $483.7K | -6.5% |
Housing Supply in Sugar Creek, WI
How many homes are available in Sugar Creek, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Sugar Creek real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sugar Creek housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sugar Creek in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
