Is Williams Bay, 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, Williams Bay was a Buyer's Market.
Key Takeaway
Williams Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Williams Bay, WI
How much do homes in Williams Bay, WI cost?
Median Sold Price
$455,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Williams Bay have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Williams Bay was $455,000 in May 2024, down 7.7% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $319K | +11.9% |
| 3 Bedrooms | $485K | $485K | 0.0% |
| 4 Bedrooms | $540.5K | $582.5K | +7.8% |
| 5+ Bedrooms | $619.6K | $679.7K | +9.7% |
Summary: Williams Bay 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 11.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in Williams Bay, WI
How many homes are available in Williams Bay, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 58 | +18.4% |
Summary: The Williams Bay real estate market had 58 homes for sale in May 2024, a 18.4% 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 | 9 | 12 | +33.3% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Williams Bay 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 8.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Williams Bay, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Williams Bay in May 2024, up by 57.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Williams Bay, WI
We’re sorry, we don't have information for this market at the moment
