Is Caledonia, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Caledonia has remained a Seller's Market.
Key Takeaway
Caledonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caledonia, WI
How much do homes in Caledonia, WI cost?
Median Sold Price
$350,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Caledonia have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Caledonia was $350,000 in May 2024, up 4.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59.9K | $152K | +153.8% |
| 2 Bedrooms | $276.1K | $226.1K | -18.1% |
| 3 Bedrooms | $319.3K | $340K | +6.5% |
| 4 Bedrooms | $364.7K | $420K | +15.1% |
| 5+ Bedrooms | $475K | $550K | +15.8% |
Summary: Caledonia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 153.8%, 2 bedroom homes decreased by 18.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Mount Pleasant | $265K | $295K | +11.3% |
| Wind Point | $351K | $379K | +8.0% |
| Racine | $191.6K | $200.5K | +4.6% |
| Caledonia | $336.3K | $350K | +4.1% |
| Franksville | $430K | $438.8K | +2.1% |
Housing Supply in Caledonia, WI
How many homes are available in Caledonia, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 66 | 76 | +15.2% |
Summary: The Caledonia real estate market had 76 homes for sale in May 2024, a 15.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 43 | 48 | +11.6% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Caledonia housing inventory by bedroom type for May 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 increased by 11.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caledonia, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Caledonia in May 2024, up by 33.3% month-over-month. Of the 24 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for Caledonia, WI
We’re sorry, we don't have information for this market at the moment
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