Is Onalaska, 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, Onalaska has remained a Seller's Market.
Key Takeaway
Onalaska is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Onalaska, WI
How much do homes in Onalaska, WI cost?
Median Sold Price
$350,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Onalaska have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Onalaska was $350,000 in May 2024, up 10.4% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $239.4K | $261K | +9.0% |
| 3 Bedrooms | $270.5K | $311K | +15.0% |
| 4 Bedrooms | $370K | $385K | +4.1% |
| 5+ Bedrooms | $488K | $700K | +43.4% |
Summary: Onalaska housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 43.4%.
Median Sold Price Compared To Nearby Cities
| Onalaska | $317K | $350K | +10.4% |
| Medary | $345K | $375K | +8.7% |
| La Crosse | $225K | $242.5K | +7.8% |
| Hamilton | $430K | $422K | -1.9% |
Housing Supply in Onalaska, WI
How many homes are available in Onalaska, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 55 | +12.2% |
Summary: The Onalaska real estate market had 55 homes for sale in May 2024, a 12.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Onalaska housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Onalaska, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Onalaska in May 2024, up by 23.1% month-over-month. Of the 16 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for Onalaska, WI
We’re sorry, we don't have information for this market at the moment
