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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danbury is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Danbury, WI cost?

Median Sold Price

$325,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$62,500(+23.8%)

Key Takeaway

Homes in Danbury have sold for 23.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $220K$70K
-68.2%
2 $168.5K$280K
+66.2%
3 $298.5K$350K
+17.3%
4 $410K$422.5K
+3.0%
5+ $220K$390K
+77.3%

Median Sold Price Compared To Nearby Cities

Danbury
+23.8%
Swiss
-6.3%

How many homes are available in Danbury, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
5537-32.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 44
0.0%
2 1911
-42.1%
3 2216
-27.3%
4 105
-50.0%
5+ 01
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
2314-39.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danbury, expect to pay close to the asking price. 35.7% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
57 Days34 Days-40.2%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Danbury has remained consistent over time.

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

About Danbury, WI

Homes for sale in Danbury, WI have reached 37. Between September 2022 and October 2022, Danbury, WI real estate market has seen decrease in the number of listings by 32.7%. In October 2022, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $325,000. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 68.2%, the cost of 2 bedrooms properties went up by 66.2%, 3 bedrooms properties prices increased by 17.3%, 4 bedrooms properties prices increased by 3%, prices of 5 bedrooms properties went up by 77.3%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 42.1%, number of 3 bedrooms homes decreased by 27.3%, 4 bedrooms homes became 50% less available, 5 bedrooms homes became 100% more available. In October 2022 more than 5 listings in Danbury, WI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 4 were sold below.

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