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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgerton is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Edgerton, WI

How much do homes in Edgerton, WI cost?

Median Sold Price

$320,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$57,500(+21.9%)

Key Takeaway

Homes in Edgerton have sold for 21.9% more than they did a year ago.

Summary: The median home sold price in Edgerton was $320,000 in August 2024, up 21.9% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $141.2K$169.9K
+20.3%
2 $195K$246K
+26.2%
3 $295K$327K
+10.8%
4 $387.9K$419.5K
+8.1%
5+ $439K$457.4K
+4.2%

Summary: Edgerton housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Edgerton
+21.9%
Albion
-14.9%

Housing Supply in Edgerton, WI

How many homes are available in Edgerton, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
8983-6.7%

Summary: The Edgerton real estate market had 83 homes for sale in August 2024, a 6.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 1212
0.0%
2 1919
0.0%
3 3833
-13.2%
4 1818
0.0%
5+ 21
-50.0%

Summary: The Edgerton housing inventory by bedroom type for August 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 13.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
22220.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edgerton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Edgerton in August 2024, the same as the previous month. Of the 22 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.

Days on Market for Edgerton, WI

How long does it take to sell a home in Edgerton, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Edgerton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During August 2024, 22 homes were sold in Edgerton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

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

Report Updated 7 Days Ago

Newest Listings in Edgerton, WI

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