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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleville is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Belleville was a Buyer's Market.

Key Takeaway

Belleville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Belleville, WI

How much do homes in Belleville, WI cost?

Median Sold Price

$467,150

$220/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$82,150(+21.3%)

Key Takeaway

Homes in Belleville have sold for 21.3% more than they did a month ago.

Summary: The median home sold price in Belleville was $467,150 in February 2024, up 21.3% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $385K$440K
+14.3%
4 -$474.6K
N/A
5+ --
N/A

Summary: Belleville 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 did not change, 3 bedroom homes increased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belleville, WI

How many homes are available in Belleville, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2134+61.9%

Summary: The Belleville real estate market had 34 homes for sale in February 2024, a 61.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1221
+75.0%
4 48
+100.0%
5+ 22
0.0%

Summary: The Belleville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Belleville in February 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Belleville, 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 27 Days Ago

Newest Listings in Belleville, WI

Nearby Markets to Belleville, WI