Is Bruce, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bruce has remained a Seller's Market.
Key Takeaway
Bruce is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bruce, WI
How much do homes in Bruce, WI cost?
Median Sold Price
$227,250
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bruce have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Bruce was $227,250 in April 2024, down 6.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.9K | $210K | +87.7% |
| 2 Bedrooms | $385K | $191K | -50.4% |
| 3 Bedrooms | $227K | $300.2K | +32.3% |
| 4 Bedrooms | $260K | $214.2K | -17.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bruce housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.7%, 2 bedroom homes decreased by 50.4%, 3 bedroom homes increased by 32.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes did not change.
Housing Supply in Bruce, WI
How many homes are available in Bruce, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Bruce real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bruce housing inventory by bedroom type for April 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 42.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bruce, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bruce in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bruce, WI
How long does it take to sell a home in Bruce, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 94 Days | 86 Days | -8.5% |
Summary: Homes in Bruce had an average of 86 days on market in Apr 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bruce has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Bruce; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
