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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Towerview is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Towerview was a Seller's Market.

Key Takeaway

Towerview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Towerview, WI

How much do homes in Towerview, WI cost?

Median Sold Price

$146,200

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,325(-4.1%)

Key Takeaway

Homes in Towerview have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Towerview was $146,200 in October 2024, down 4.1% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $132.5K$145K
+9.4%
2 $175K$131.8K
-24.7%
3 $150K$162K
+8.0%
4 $185K$127.5K
-31.1%
5+ $189K$201K
+6.3%

Summary: Towerview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes decreased by 24.7%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Neighborhoods

Towerview
-4.1%
Downtown
-17.8%

Housing Supply in Towerview, WI

How many homes are available in Towerview, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1620+25.0%

Summary: The Towerview real estate market had 20 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 46
+50.0%
4 54
-20.0%
5+ 57
+40.0%

Summary: The Towerview 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Towerview, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Towerview in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Towerview, 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 Towerview, WI

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