Is DeForest, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, DeForest has remained a Seller's Market.
Key Takeaway
DeForest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in DeForest, WI
How much do homes in DeForest, WI cost?
Median Sold Price
$425,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in DeForest have sold for 28.3% more than they did a year ago.
Summary: The median home sold price in DeForest was $425,000 in April 2024, up 28.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.9K | - | N/A |
| 2 Bedrooms | $266.1K | $316.7K | +19.0% |
| 3 Bedrooms | $365K | $405K | +11.0% |
| 4 Bedrooms | $561.3K | $529.9K | -5.6% |
| 5+ Bedrooms | $582.4K | $686.4K | +17.9% |
Summary: DeForest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 17.9%.
Housing Supply in DeForest, WI
How many homes are available in DeForest, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 89 | 92 | +3.4% |
Summary: The DeForest real estate market had 92 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 37 | 36 | -2.7% |
| 4 Bedrooms | 33 | 34 | +3.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The DeForest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeForest, expect to pay close to the asking price. 39.1% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in DeForest in April 2024, the same as the previous month. Of the 23 sold homes, 35% were sold under asking, 39% were sold at asking, and 26% were sold over asking.
Days on Market for DeForest, WI
We’re sorry, we don't have information for this market at the moment
