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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wescott is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Wescott has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wescott, WI

How much do homes in Wescott, WI cost?

Median Sold Price

$245,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+14.0%)

Key Takeaway

Homes in Wescott have sold for 14% more than they did a year ago.

Summary: The median home sold price in Wescott was $245,000 in October 2024, up 14% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $155K$193.7K
+25.0%
3 $199K$227K
+14.1%
4 $403.7K$420K
+4.0%
5+ $483K-
N/A

Summary: Wescott housing prices by bedroom type for October 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 14.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Shawano
+14.7%
Wescott
+14.0%
Underhill
-21.9%

Housing Supply in Wescott, WI

How many homes are available in Wescott, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1623+43.8%

Summary: The Wescott real estate market had 23 homes for sale in October 2024, a 43.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 47
+75.0%
4 78
+14.3%
5+ 00
0.0%

Summary: The Wescott housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wescott, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Wescott in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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 16 Days Ago

Newest Listings in Wescott, WI

Nearby Markets to Wescott, WI

What housing markets are near Wescott, WI?