Is Two Rivers, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Two Rivers is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Two Rivers has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Two Rivers, WI

How much do homes in Two Rivers, WI cost?

Median Sold Price

$195,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+11.4%)

Key Takeaway

Homes in Two Rivers have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Two Rivers was $195,000 in November 2024, up 11.4% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90.9K$76K
-16.5%
2 $140.2K$149.9K
+6.9%
3 $184.2K$205K
+11.3%
4 $204K$274K
+34.3%
5+ $200K$330K
+65.0%

Summary: Two Rivers housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes increased by 65%.

Median Sold Price Compared To Nearby Cities

Two Rivers
+11.4%
Manitowoc
+7.5%

Housing Supply in Two Rivers, WI

How many homes are available in Two Rivers, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5756-1.8%

Summary: The Two Rivers real estate market had 56 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 2728
+3.7%
4 1512
-20.0%
5+ 33
0.0%

Summary: The Two Rivers 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 increased by 8.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Two Rivers, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Two Rivers in November 2024, up by 20.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.

Days on Market for Two Rivers, 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 Two Rivers, WI

Nearby Markets to Two Rivers, WI

What housing markets are near Two Rivers, WI?