Is Burnett County, WI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Burnett County is a seller's market


Difference Since October 2021

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

Key Takeaway

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

How much do homes in Burnett County, WI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since October 2021


Key Takeaway

Homes in Burnett County have sold for 21.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $183K$173.2K
2 $189K$262K
3 $249K$275K
4 $407.5K$400K
5+ $230K$400K

Median Sold Price Compared To Nearby Counties

Burnett County
Polk County
Pine County
Chisago County
Washburn County

How many homes are available in Burnett County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 2020
2 6142
3 7979
4 2525
5+ 23

Number of Homes Sold

Sep 2022Oct 2022%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burnett County, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
47 Days39 Days-16.2%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Burnett County has remained consistent over time.

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

About Burnett County, WI

There are 169 homes are for sale in Burnett County, WI real estate market. The inventory of homes for sale in Burnett County, WI between September 2022 and October 2022 decreased by 9.6%. Listings spent 39 days on the market in October 2022, and had a median list price of $280,000 during the same period. Real estate listing prices changed between September 2022 and October 2022: prices of 1 bedroom properties went down by 5.3%, the cost of 2 bedrooms properties went up by 38.6%, 3 bedrooms properties became 10.4% more expensive, the cost of 4 bedrooms properties went down by 1.8%, 5 bedrooms properties became 73.9% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 31.1%, volume of 3 bedrooms homes stayed the same, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes went up by 50%. In October 2022 more than 17 listings in Burnett County, WI were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 8 were sold below.

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