Listing Office: Local Realty LLC
Is Webster, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Webster has remained a Seller's Market.
Key Takeaway
Webster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Webster, WI
How much do homes in Webster, WI cost?
Median Sold Price
$300,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.4%)
Key Takeaway
Homes in Webster have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Webster was $300,000 in October 2024, up 3.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $315K | +82.6% |
| 2 Bedrooms | $265K | $285K | +7.5% |
| 3 Bedrooms | $350K | $275K | -21.4% |
| 4 Bedrooms | $495K | $340K | -31.3% |
| 5+ Bedrooms | $227.5K | $975K | +328.6% |
Summary: Webster housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.6%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 328.6%.
Housing Supply in Webster, WI
How many homes are available in Webster, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 58 | -6.5% |
Summary: The Webster real estate market had 58 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 20 | 13 | -35.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Webster housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 35%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Webster, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Webster in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Webster, WI
How long does it take to sell a home in Webster, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 39 Days | -47.8% |
Summary: Homes in Webster had an average of 39 days on market in Oct 2024, down by 47.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Webster are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Webster; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
