Is Vilas County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vilas County is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Vilas County has remained a Neutral Market.

Key Takeaway

Vilas County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Vilas County, WI

How much do homes in Vilas County, WI cost?

Median Sold Price

$545,000

$233/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$211,300(+63.3%)

Key Takeaway

Homes in Vilas County have sold for 63.3% more than they did a month ago.

Summary: The median home sold price in Vilas County was $545,000 in October 2024, up 63.3% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $279.9K-
N/A
3 $695K$565K
-18.7%
4 -$640K
N/A
5+ -$525K
N/A

Summary: Vilas County 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 18.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Oneida County
+163.8%
Vilas County
+63.3%
Gogebic County
+7.7%
Iron County
-8.8%

Housing Supply in Vilas County, WI

How many homes are available in Vilas County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The Vilas County real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 77
0.0%
4 33
0.0%
5+ 78
+14.3%

Summary: The Vilas County 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 increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vilas County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Vilas County in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Vilas County, WI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Vilas County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Vilas County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Vilas County, WI

Nearby Markets to Vilas County, WI

What housing markets are near Vilas County, WI?