Is Capitol, 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, Capitol has remained a Seller's Market.
Key Takeaway
Capitol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Capitol, WI
How much do homes in Capitol, WI cost?
Median Sold Price
$490,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Capitol have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Capitol was $490,000 in April 2024, up 12.6% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $330K | +8.2% |
| 2 Bedrooms | $485K | $588K | +21.2% |
| 3 Bedrooms | $959.5K | $825K | -14.0% |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | - | $740K | N/A |
Summary: Capitol housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 21.2%, 3 bedroom homes decreased by 14%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Tenney-Lapham | $300.8K | $450.1K | +49.6% |
| Marquette | $361.2K | $500K | +38.4% |
| Capitol | $435K | $490K | +12.6% |
Housing Supply in Capitol, WI
How many homes are available in Capitol, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 36 | +20.0% |
Summary: The Capitol real estate market had 36 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Capitol 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 20%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Capitol, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Capitol in April 2024, up by 266.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Capitol, WI
We’re sorry, we don't have information for this market at the moment
