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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washburn is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Washburn has remained a Neutral Market.

Key Takeaway

Washburn 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 Washburn, WI

How much do homes in Washburn, WI cost?

Median Sold Price

$280,000

$168/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$85,000(-23.3%)

Key Takeaway

Homes in Washburn have sold for 23.3% less than they did a month ago.

Summary: The median home sold price in Washburn was $280,000 in November 2024, down 23.3% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $180K-
N/A
2 --
N/A
3 $365K$347.7K
-4.7%
4 $475K$148K
-68.8%
5+ --
N/A

Summary: Washburn housing prices by bedroom type for November 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 4.7%, 4 bedroom homes decreased by 68.8%, and 5+ bedroom homes did not change.

Housing Supply in Washburn, WI

How many homes are available in Washburn, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21210.0%

Summary: The Washburn real estate market had 21 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 33
0.0%
3 810
+25.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Washburn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

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 Washburn, 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 Washburn in November 2024, the same as the previous 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 Washburn, 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 21 Days Ago

Newest Listings in Washburn, WI

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