Is De Forest, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing De Forest is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, De Forest was a Buyer's Market.

Key Takeaway

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

Housing Prices in De Forest, WI

How much do homes in De Forest, WI cost?

Median Sold Price

$419,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$109,100(+35.2%)

Key Takeaway

Homes in De Forest have sold for 35.2% more than they did a year ago.

Summary: The median home sold price in De Forest was $419,000 in March 2024, up 35.2% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $172.9K-
N/A
2 $274.9K$315K
+14.6%
3 $365K$400K
+9.6%
4 $405.5K$545K
+34.4%
5+ $614.9K$560K
-8.9%

Summary: De Forest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Cities

Windsor
+40.7%
De Forest
+35.2%
DeForest
+35.2%

Housing Supply in De Forest, WI

How many homes are available in De Forest, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8386+3.6%

Summary: The De Forest real estate market had 86 homes for sale in March 2024, a 3.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 4135
-14.6%
4 2533
+32.0%
5+ 78
+14.3%

Summary: The De Forest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1521+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in De Forest, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in De Forest in March 2024, up by 40.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 33% were sold at asking, and 43% were sold over asking.

Days on Market for De Forest, 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 De Forest, WI

Nearby Markets to De Forest, WI

What housing markets are near De Forest, WI?