Is Concord, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Concord was a Seller's Market.
Key Takeaway
Concord is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Concord, WI
How much do homes in Concord, WI cost?
Median Sold Price
$392,500
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Concord have sold for 23% less than they did a year ago.
Summary: The median home sold price in Concord was $392,500 in April 2024, down 23% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $525K | $342.5K | -34.8% |
| 4 Bedrooms | $458K | $443K | -3.3% |
| 5+ Bedrooms | $456.7K | - | N/A |
Summary: Concord housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Summit | $620K | $675K | +8.9% |
| Oconomowoc | $488K | $511.7K | +4.9% |
| Sullivan | $350K | $309.9K | -11.4% |
| Concord | $510K | $392.5K | -23.0% |
Housing Supply in Concord, WI
How many homes are available in Concord, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Concord real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Concord 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Concord, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Concord in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Concord, WI
We’re sorry, we don't have information for this market at the moment
