Is Bloomfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bloomfield has remained a Seller's Market.
Key Takeaway
Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomfield, WI
How much do homes in Bloomfield, WI cost?
Median Sold Price
$275,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bloomfield have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Bloomfield was $275,000 in March 2024, down 4.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $78.5K | $185K | +135.7% |
| 2 Bedrooms | $182.5K | $200K | +9.6% |
| 3 Bedrooms | $273.5K | $272K | -0.5% |
| 4 Bedrooms | $363.5K | $380K | +4.5% |
| 5+ Bedrooms | $480K | $806.5K | +68.0% |
Summary: Bloomfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 135.7%, 2 bedroom homes increased by 9.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 68%.
Median Sold Price Compared To Nearby Cities
| Lake Geneva | $375K | $406.3K | +8.3% |
| Genoa City | $269.2K | $265K | -1.6% |
| Bloomfield | $287.5K | $275K | -4.3% |
| Linn | $810K | $675K | -16.7% |
Housing Supply in Bloomfield, WI
How many homes are available in Bloomfield, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Bloomfield real estate market had 23 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bloomfield 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 66.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Bloomfield in March 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Bloomfield, WI
We’re sorry, we don't have information for this market at the moment
