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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trego is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Trego has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Trego, WI

How much do homes in Trego, WI cost?

Median Sold Price

$339,750

$219/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$78,250(-18.7%)

Key Takeaway

Homes in Trego have sold for 18.7% less than they did a month ago.

Summary: The median home sold price in Trego was $339,750 in October 2024, down 18.7% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$95K
N/A
2 -$404.5K
N/A
3 -$275K
N/A
4 $418K-
N/A
5+ $137K-
N/A

Summary: Trego 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brooklyn
+16.6%
Trego
-18.7%

Housing Supply in Trego, WI

How many homes are available in Trego, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1618+12.5%

Summary: The Trego real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 58
+60.0%
3 23
+50.0%
4 42
-50.0%
5+ 42
-50.0%

Summary: The Trego housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trego, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Trego in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Trego, WI

How long does it take to sell a home in Trego, WI?

Average Sale Time

Sep 2024Oct 2024CHANGE
64 Days29 Days-55.0%

Summary: Homes in Trego had an average of 29 days on market in Oct 2024, down by 55% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Trego are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Trego; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Trego, WI

Nearby Markets to Trego, WI