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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arkdale is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Arkdale, WI

How much do homes in Arkdale, WI cost?

Median Sold Price

$247,400

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$77,600(-23.9%)

Key Takeaway

Homes in Arkdale have sold for 23.9% less than they did a year ago.

Summary: The median home sold price in Arkdale was $247,400 in March 2024, down 23.9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$150.5K
N/A
2 $172.9K$180K
+4.1%
3 $325K$262K
-19.4%
4 $349.5K$373K
+6.7%
5+ $709K$690K
-2.7%

Summary: Arkdale 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 increased by 4.1%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Cities

Monroe
+0.6%
Strongs Prairie
-20.4%
Arkdale
-23.9%

Housing Supply in Arkdale, WI

How many homes are available in Arkdale, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3135+12.9%

Summary: The Arkdale real estate market had 35 homes for sale in March 2024, a 12.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 56
+20.0%
3 1111
0.0%
4 911
+22.2%
5+ 23
+50.0%

Summary: The Arkdale 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arkdale, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Arkdale in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Arkdale, 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 Arkdale, WI

Nearby Markets to Arkdale, WI

What housing markets are near Arkdale, WI?