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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caledonia is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Caledonia, WI

How much do homes in Caledonia, WI cost?

Median Sold Price

$353,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,500(+4.6%)

Key Takeaway

Homes in Caledonia have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Caledonia was $353,000 in February 2024, up 4.6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $59.9K$152K
+153.8%
2 $276.1K$236.1K
-14.5%
3 $317K$343.9K
+8.5%
4 $368.7K$405K
+9.8%
5+ $470K$527K
+12.1%

Summary: Caledonia housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 153.8%, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

Franksville
+6.0%
Racine
+5.3%
Mount Pleasant
+5.0%
Caledonia
+4.6%

Housing Supply in Caledonia, WI

How many homes are available in Caledonia, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6977+11.6%

Summary: The Caledonia real estate market had 77 homes for sale in February 2024, a 11.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 3341
+24.2%
4 2019
-5.0%
5+ 55
0.0%

Summary: The Caledonia housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1119+72.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caledonia, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Caledonia in February 2024, up by 72.7% month-over-month. Of the 19 sold homes, 74% were sold under asking, 5% were sold at asking, and 21% were sold over asking.

Days on Market for Caledonia, 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 27 Days Ago

Newest Listings in Caledonia, WI

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