Is Wood River, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wood River is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wood River was a Buyer's Market.

Key Takeaway

Wood River 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 Wood River, WI

How much do homes in Wood River, WI cost?

Median Sold Price

$70,000

$82/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$280,000(-80.0%)

Key Takeaway

Homes in Wood River have sold for 80% less than they did a month ago.

Summary: The median home sold price in Wood River was $70,000 in November 2024, down 80% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $350K$70K
-80.0%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Wood River 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 80%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wood River, WI

How many homes are available in Wood River, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Wood River real estate market had 13 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 54
-20.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Wood River 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 20%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wood River, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Wood River in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Wood River, WI

How long does it take to sell a home in Wood River, WI?

Average Sale Time

Oct 2024Nov 2024CHANGE
79 Days9 Days-88.6%

Summary: Homes in Wood River had an average of 9 days on market in Nov 2024, down by 88.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wood River are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Wood River; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Wood River, WI

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