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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colburn is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Colburn has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Colburn, WI

How much do homes in Colburn, WI cost?

Median Sold Price

$376,500

$251/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$11,500(+3.2%)

Key Takeaway

Homes in Colburn have sold for 3.2% more than they did a month ago.

Summary: The median home sold price in Colburn was $376,500 in August 2024, up 3.2% from last month, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 $475K-
N/A
2 -$193K
N/A
3 $255K$560K
+119.6%
4 --
N/A
5+ --
N/A

Summary: Colburn housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 119.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Colburn, WI

How many homes are available in Colburn, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
660.0%

Summary: The Colburn real estate market had 6 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 32
-33.3%
4 00
0.0%
5+ 12
+100.0%

Summary: The Colburn housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colburn, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Colburn in August 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Colburn, 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 18 Days Ago

Newest Listings in Colburn, WI

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