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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wausau is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wausau has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wausau, WI

How much do homes in Wausau, WI cost?

Median Sold Price

$209,900

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,100(-8.7%)

Key Takeaway

Homes in Wausau have sold for 8.7% less than they did a month ago.

Summary: The median home sold price in Wausau was $209,900 in November 2024, down 8.7% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $110K-
N/A
2 $212K$124K
-41.5%
3 $218K$240K
+10.1%
4 $303K$200K
-34.0%
5+ $315.4K$210K
-33.4%

Summary: Wausau 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 decreased by 41.5%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes decreased by 33.4%.

Median Sold Price Compared To Nearby Cities

Maine
+91.1%
Wausau
-8.7%
Stettin
-20.8%
Rib Mountain
-22.8%

Housing Supply in Wausau, WI

How many homes are available in Wausau, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
187157-16.0%

Summary: The Wausau real estate market had 157 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 2422
-8.3%
3 10184
-16.8%
4 4739
-17.0%
5+ 1312
-7.7%

Summary: The Wausau housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6151-16.4%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wausau, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 51 homes were sold or pending in Wausau in November 2024, down by 16.4% month-over-month. Of the 51 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.

Days on Market for Wausau, 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 Wausau, WI

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