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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thorp is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Thorp was a Buyer's Market.

Key Takeaway

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

Housing Prices in Thorp, WI

How much do homes in Thorp, WI cost?

Median Sold Price

$231,000

$102/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$71,000(+44.4%)

Key Takeaway

Homes in Thorp have sold for 44.4% more than they did a month ago.

Summary: The median home sold price in Thorp was $231,000 in October 2024, up 44.4% from last month, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $160K$143K
-10.6%
4 -$375K
N/A
5+ --
N/A

Summary: Thorp housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Thorp, WI

How many homes are available in Thorp, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13130.0%

Summary: The Thorp real estate market had 13 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 44
0.0%
4 55
0.0%
5+ 22
0.0%

Summary: The Thorp 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thorp, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Thorp in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Thorp, 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 20 Days Ago

Newest Listings in Thorp, WI

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