Is Altoona, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Altoona was a Buyer's Market.
Key Takeaway
Altoona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Altoona, WI
How much do homes in Altoona, WI cost?
Median Sold Price
$305,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Altoona have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Altoona was $305,000 in March 2024, up 16.2% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $124.9K | +38.8% |
| 2 Bedrooms | $297.5K | $215.2K | -27.7% |
| 3 Bedrooms | $194K | $312.3K | +61.0% |
| 4 Bedrooms | $275K | $389.9K | +41.8% |
| 5+ Bedrooms | - | $490K | N/A |
Summary: Altoona housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes decreased by 27.7%, 3 bedroom homes increased by 61%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Altoona | $262.5K | $305K | +16.2% |
| Eau Claire | $292K | $284.5K | -2.6% |
Housing Supply in Altoona, WI
How many homes are available in Altoona, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 32 | +33.3% |
Summary: The Altoona real estate market had 32 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Altoona 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 decreased by 11.1%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Altoona, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Altoona in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Altoona, WI
We’re sorry, we don't have information for this market at the moment
