Is Borchert Field, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Borchert Field is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Borchert Field was a Neutral Market.

Key Takeaway

Borchert Field is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Borchert Field, WI

How much do homes in Borchert Field, WI cost?

Median Sold Price

$83,500

$60/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$48,550(+138.9%)

Key Takeaway

Homes in Borchert Field have sold for 138.9% more than they did a month ago.

Summary: The median home sold price in Borchert Field was $83,500 in May 2024, up 138.9% from last month, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$70K
N/A
4 $34.9K-
N/A
5+ -$97K
N/A

Summary: Borchert Field housing prices by bedroom type for May 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Borchert Field
+138.9%
North Division
+8.7%

Housing Supply in Borchert Field, WI

How many homes are available in Borchert Field, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1315+15.4%

Summary: The Borchert Field real estate market had 15 homes for sale in May 2024, a 15.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 56
+20.0%
5+ 22
0.0%

Summary: The Borchert Field housing inventory by bedroom type for May 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 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Borchert Field, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Borchert Field in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Borchert Field, 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 1 Day Ago

Newest Listings in Borchert Field, WI

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