Is South Range, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, South Range was a Seller's Market.
Key Takeaway
South Range is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Range, WI
How much do homes in South Range, WI cost?
Median Sold Price
$302,400
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in South Range have sold for 26% more than they did a year ago.
Summary: The median home sold price in South Range was $302,400 in May 2024, up 26% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $243K | $195K | -19.8% |
| 3 Bedrooms | $240K | $305K | +27.1% |
| 4 Bedrooms | $179.2K | $299K | +66.8% |
| 5+ Bedrooms | - | $411K | N/A |
Summary: South Range 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 decreased by 19.8%, 3 bedroom homes increased by 27.1%, 4 bedroom homes increased by 66.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Range | $240K | $302.4K | +26.0% |
| Parkland | $240K | $299K | +24.6% |
Housing Supply in South Range, WI
How many homes are available in South Range, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The South Range real estate market had 13 homes for sale in May 2024, a 18.2% 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Range 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 75%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Range, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Range in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Range, WI
We’re sorry, we don't have information for this market at the moment
