Is Two Rivers, 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, Two Rivers has remained a Seller's Market.
Key Takeaway
Two Rivers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Two Rivers, WI
How much do homes in Two Rivers, WI cost?
Median Sold Price
$170,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Two Rivers have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Two Rivers was $170,000 in May 2024, up 9.7% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | $95K | +31.0% |
| 2 Bedrooms | $122K | $145K | +18.9% |
| 3 Bedrooms | $164K | $180K | +9.8% |
| 4 Bedrooms | $200K | $272.5K | +36.3% |
| 5+ Bedrooms | $155K | $280.5K | +81.0% |
Summary: Two Rivers housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 81%.
Median Sold Price Compared To Nearby Cities
| Two Rivers | $155K | $170K | +9.7% |
| Manitowoc | $190.2K | $200K | +5.1% |
Housing Supply in Two Rivers, WI
How many homes are available in Two Rivers, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 52 | +8.3% |
Summary: The Two Rivers real estate market had 52 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Two Rivers 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 decreased by 4.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Two Rivers, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Two Rivers in May 2024, up by 25.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Two Rivers, WI
We’re sorry, we don't have information for this market at the moment
