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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brodhead is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Brodhead was a Seller's Market.

Key Takeaway

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

Housing Prices in Brodhead, WI

How much do homes in Brodhead, WI cost?

Median Sold Price

$285,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$80,000(+39.0%)

Key Takeaway

Homes in Brodhead have sold for 39% more than they did a year ago.

Summary: The median home sold price in Brodhead was $285,000 in April 2024, up 39% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$73K
N/A
2 $221K$237.5K
+7.5%
3 $186.3K$269.2K
+44.5%
4 $502.5K$358.5K
-28.6%
5+ $290K$305K
+5.2%

Summary: Brodhead housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 44.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Cities

Brodhead
+39.0%
Brodhead
+39.0%
Spring Valley
+10.5%

Housing Supply in Brodhead, WI

How many homes are available in Brodhead, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1518+20.0%

Summary: The Brodhead real estate market had 18 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 88
0.0%
4 24
+100.0%
5+ 01
+100.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brodhead, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brodhead in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brodhead, 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 6 Days Ago

Newest Listings in Brodhead, WI

Nearby Markets to Brodhead, WI