Is Douglas County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Douglas County, WI cost?

Median Sold Price

$195,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$14,000(+7.7%)

Key Takeaway

Homes in Douglas County have sold for 7.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $165K$155.5K
-5.8%
2 $144.5K$173.2K
+19.9%
3 $195K$213K
+9.2%
4 $220K$200K
-9.1%
5+ $540K$388K
-28.1%

Median Sold Price Compared To Nearby Counties

Bayfield County
+31.0%
Pine County
+10.1%
Douglas County
+7.7%
Carlton County
+7.4%
Washburn County
-6.7%

How many homes are available in Douglas County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
207185-10.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 54
-20.0%
2 5652
-7.1%
3 11094
-14.5%
4 2827
-3.6%
5+ 88
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
7762-19.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas County, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
26 Days56 Days+112.1%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Douglas County has remained consistent over time.

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

About Douglas County, WI

There are 185 homes are for sale in Douglas County, WI real estate market. Between September 2022 and October 2022, Douglas County, WI real estate market has seen decrease in the number of listings by 10.6%. In October 2022 median list price was $195,000 and the average listing age was 56 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 5.8%, the cost of 2 bedrooms properties went up by 19.9%, 3 bedrooms properties became 9.2% more expensive, prices of 4 bedrooms properties decreased by 9.1%, 5 bedrooms properties prices decreased by 28.1%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 20%, number of 2 bedrooms homes decreased by 7.1%, number of 3 bedrooms homes decreased by 14.5%, the quantity of 4 bedrooms homes went down by 3.6%, volume of 5 bedrooms homes stayed the same. While more than 28 listings in Douglas County, WI in October 2022 were sold above asking price, there were more than 9 listings sold at asking price, and more than 21 were sold below.

Related Housing Market Reports