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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wales is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wales, WI

How much do homes in Wales, WI cost?

Median Sold Price

$500,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+11.1%)

Key Takeaway

Homes in Wales have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Wales was $500,000 in October 2024, up 11.1% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$271.7K
N/A
3 $431.5K$520K
+20.5%
4 $517.5K$397.4K
-23.2%
5+ $515K$1.0M
+97.1%

Summary: Wales housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes increased by 97.1%.

Median Sold Price Compared To Nearby Cities

Wales
+11.1%
Genesee
-6.1%

Housing Supply in Wales, WI

How many homes are available in Wales, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
812+50.0%

Summary: The Wales real estate market had 12 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 14
+300.0%
5+ 55
0.0%

Summary: The Wales 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 increased by 100%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 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 Wales, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wales in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wales, 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 Wales, WI

Nearby Markets to Wales, WI

What housing markets are near Wales, WI?