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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alden is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Alden has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Alden, WI

How much do homes in Alden, WI cost?

Median Sold Price

$395,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,375(-0.8%)

Key Takeaway

Homes in Alden have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Alden was $395,000 in March 2024, down 0.8% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $215K-
N/A
2 $400K$362.5K
-9.4%
3 $386.2K$485K
+25.6%
4 $417.5K$393.7K
-5.7%
5+ $420K-
N/A

Summary: Alden housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lincoln
+12.2%
Alden
-0.8%

Housing Supply in Alden, WI

How many homes are available in Alden, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1415+7.1%

Summary: The Alden real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 99
0.0%
4 12
+100.0%
5+ 00
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alden, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Alden in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for Alden, WI

How long does it take to sell a home in Alden, WI?

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days42 Days-12.3%

Summary: Homes in Alden had an average of 42 days on market in Mar 2024, down by 12.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Alden has remained consistent over time.

Summary: During March 2024, 7 homes were sold in Alden; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Alden, WI

Nearby Markets to Alden, WI

What housing markets are near Alden, WI?