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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wescott is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wescott was a Seller's Market.

Key Takeaway

Wescott 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 Wescott, WI

How much do homes in Wescott, WI cost?

Median Sold Price

$224,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,450(-7.6%)

Key Takeaway

Homes in Wescott have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Wescott was $224,000 in November 2024, down 7.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $155K$193.7K
+25.0%
3 $200K$224K
+12.0%
4 $457.5K$395K
-13.7%
5+ $483K-
N/A

Summary: Wescott housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington
+14.1%
Shawano
+10.7%
Wescott
-7.6%

Housing Supply in Wescott, WI

How many homes are available in Wescott, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Wescott real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 58
+60.0%
4 74
-42.9%
5+ 01
+100.0%

Summary: The Wescott housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

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 Wescott, 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 Wescott in November 2024, down by 25.0% 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 Wescott, 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 Wescott, WI

Nearby Markets to Wescott, WI

What housing markets are near Wescott, WI?