Is DeForest, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, DeForest was a Buyer's Market.
Key Takeaway
DeForest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in DeForest, WI
How much do homes in DeForest, WI cost?
Median Sold Price
$419,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in DeForest have sold for 35.2% more than they did a year ago.
Summary: The median home sold price in DeForest 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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.9K | - | N/A |
| 2 Bedrooms | $274.9K | $315K | +14.6% |
| 3 Bedrooms | $365K | $400K | +9.6% |
| 4 Bedrooms | $432K | $545K | +26.2% |
| 5+ Bedrooms | $614.9K | $605K | -1.6% |
Summary: DeForest 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 26.2%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in DeForest, WI
How many homes are available in DeForest, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 84 | +3.7% |
Summary: The DeForest real estate market had 84 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 40 | 34 | -15.0% |
| 4 Bedrooms | 24 | 32 | +33.3% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The DeForest 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 15%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +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
Key Takeaway
If you're buying a home in DeForest, 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 DeForest 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 DeForest, WI
We’re sorry, we don't have information for this market at the moment
