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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomer is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Bloomer, WI

How much do homes in Bloomer, WI cost?

Median Sold Price

$304,472

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$104,472(+52.2%)

Key Takeaway

Homes in Bloomer have sold for 52.2% more than they did a year ago.

Summary: The median home sold price in Bloomer was $304,472 in March 2024, up 52.2% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$139.5K
N/A
2 $170K$190K
+11.8%
3 $266.5K$301K
+12.9%
4 -$392.5K
N/A
5+ -$625K
N/A

Summary: Bloomer 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 11.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bloomer, WI

How many homes are available in Bloomer, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1823+27.8%

Summary: The Bloomer real estate market had 23 homes for sale in March 2024, a 27.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 47
+75.0%
4 77
0.0%
5+ 22
0.0%

Summary: The Bloomer 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 50%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomer, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Bloomer in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Bloomer, WI

How long does it take to sell a home in Bloomer, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bloomer are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 7 homes were sold in Bloomer; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Bloomer, WI

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