$2,849 Closing Credit*
$239,900
1,510 SqFt
3 Beds
•2 Full Baths
#1990906, Stephanie Sundene, Listing Office: Coldwell Banker Advantage LLC
Is Wisconsin Rapids, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wisconsin Rapids has remained a Seller's Market.
Key Takeaway
Wisconsin Rapids is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wisconsin Rapids, WI
How much do homes in Wisconsin Rapids, WI cost?
Median Sold Price
$199,975
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,287(+20.0%)
Key Takeaway
Homes in Wisconsin Rapids have sold for 20% more than they did a year ago.
Summary: The median home sold price in Wisconsin Rapids was $199,975 in November 2024, up 20% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77K | $97K | +26.0% |
| 2 Bedrooms | $129.5K | $131.5K | +1.5% |
| 3 Bedrooms | $167.5K | $215K | +28.4% |
| 4 Bedrooms | $230K | $260K | +13.0% |
| 5+ Bedrooms | $265K | $434.5K | +64.0% |
Summary: Wisconsin Rapids housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 28.4%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 64%.
Housing Supply in Wisconsin Rapids, WI
How many homes are available in Wisconsin Rapids, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 111 | -17.8% |
Summary: The Wisconsin Rapids real estate market had 111 homes for sale in November 2024, a 17.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 85 | 69 | -18.8% |
| 4 Bedrooms | 30 | 25 | -16.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Wisconsin Rapids 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 6.7%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 37 | -24.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wisconsin Rapids, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Wisconsin Rapids in November 2024, down by 24.5% month-over-month. Of the 37 sold homes, 35% were sold under asking, 19% were sold at asking, and 46% were sold over asking.
Days on Market for Wisconsin Rapids, WI
We’re sorry, we don't have information for this market at the moment
