Housing Prices in Algoma, WI
How much do homes in Algoma, WI cost?
Median List Price
$209,900
$148/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Algoma has increased by 5% since last year.
Summary: The median home list price in Algoma was $209,900 in March 2024, up 5% from the previous year, and the median price per square foot was $148.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.4K | $206.9K | +7.5% |
| 2 Bedrooms | $312.4K | $242.5K | -22.4% |
| 3 Bedrooms | $162.4K | $199.9K | +23.1% |
| 4 Bedrooms | $642.4K | $274.9K | -57.2% |
| 5+ Bedrooms | - | $84.9K | N/A |
Summary: Algoma housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 57.2%, and 5+ bedroom homes did not change.
Housing Supply in Algoma, WI
How many homes are available in Algoma, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Algoma real estate market had 10 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Algoma 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 increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Algoma, WI
How long does it take to sell a home in Algoma, WI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 177 Days | 104 Days | -41.3% |
Summary: Homes in Algoma had an average listing age of 104 days in Mar 2024, down by 41.3% compared to the previous year.
