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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ellsworth is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Ellsworth, WI cost?

Median Sold Price

$230,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$33,000(+16.8%)

Key Takeaway

Homes in Ellsworth have sold for 16.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $130K-
N/A
2 $167.5K$215K
+28.4%
3 $200K$233.5K
+16.8%
4 $242.5K$260K
+7.2%
5+ $222K$175K
-21.2%

How many homes are available in Ellsworth, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
2123+9.5%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 12
+100.0%
2 86
-25.0%
3 66
0.0%
4 45
+25.0%
5+ 24
+100.0%

Number of Homes Sold

Mar 2022Apr 2022%
36+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ellsworth, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
44 Days38 Days-13.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ellsworth are selling fast, if you're buying plan to act quickly.

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

About Ellsworth, WI

There are 23 homes are for sale in Ellsworth, WI real estate market. The number of listings in Ellsworth, WI increased by 9.5% between March 2022 and April 2022. While the average time on the market in April 2022 was 38 days, the median list price was $230,000. Real estate listing prices changed between March 2022 and April 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 28.4%, 3 bedrooms properties prices increased by 16.8%, prices of 4 bedrooms properties increased by 7.2%, the cost of 5 bedrooms properties went down by 21.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 100%, volume of 2 bedrooms homes went down by 25%, the quantity of 3 bedrooms homes have not changed, volume of 4 bedrooms homes went up by 25%, 5 bedrooms homes inventory increased by 100%. Ellsworth, WI housing market in April 2022 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 0 sold below.