Is Adams, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Adams was a Neutral Market.

Key Takeaway

Adams is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Adams, WI

How much do homes in Adams, WI cost?

Median Sold Price

$266,800

$148/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$113,414(+73.9%)

Key Takeaway

Homes in Adams have sold for 73.9% more than they did a month ago.

Summary: The median home sold price in Adams was $266,800 in February 2024, up 73.9% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $35K$691.5K
+1875.7%
3 $271.7K$266.8K
-1.8%
4 --
N/A
5+ --
N/A

Summary: Adams housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1875.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Adams
+73.9%
Friendship
+24.6%

Housing Supply in Adams, WI

How many homes are available in Adams, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1213+8.3%

Summary: The Adams real estate market had 13 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 02
+100.0%
2 54
-20.0%
3 55
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Adams housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Adams in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Adams, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Adams, WI

Nearby Markets to Adams, WI