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

Last month, Washburn was a Buyer's 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

$272,500

$166/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$39,500(+17.0%)

Key Takeaway

Homes in Washburn have sold for 17% more than they did a month ago.

Summary: The median home sold price in Washburn was $272,500 in October 2024, up 17% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$180K
N/A
2 $233K-
N/A
3 -$262.5K
N/A
4 -$475K
N/A
5+ --
N/A

Summary: Washburn 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

Grant
+37.5%
Washburn
+17.0%

Housing Supply in Washburn, WI

How many homes are available in Washburn, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2427+12.5%

Summary: The Washburn real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 53
-40.0%
3 1011
+10.0%
4 47
+75.0%
5+ 22
0.0%

Summary: The Washburn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Washburn in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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 20 Days Ago

Newest Listings in Washburn, WI

Nearby Markets to Washburn, WI