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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Belleville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Belleville, WI

How much do homes in Belleville, WI cost?

Median Sold Price

$413,950

$200/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$81,600(+24.6%)

Key Takeaway

Homes in Belleville have sold for 24.6% more than they did a month ago.

Summary: The median home sold price in Belleville was $413,950 in August 2024, up 24.6% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$408.8K
+46.0%
4 $496.5K$471.4K
-5.1%
5+ $525K$580.5K
+10.6%

Summary: Belleville housing prices by bedroom type for August 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 46%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Belleville
+24.6%
Exeter
-24.6%

Housing Supply in Belleville, WI

How many homes are available in Belleville, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4347+9.3%

Summary: The Belleville real estate market had 47 homes for sale in August 2024, a 9.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 2629
+11.5%
4 1111
0.0%
5+ 43
-25.0%

Summary: The Belleville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
814+75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 14 homes were sold or pending in Belleville in August 2024, up by 75.0% month-over-month. Of the 14 sold homes, 7% were sold under asking, 36% were sold at asking, and 57% 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 18 Days Ago

Newest Listings in Belleville, WI

Nearby Markets to Belleville, WI