$8,074 Closing Credit*
$679,900
2,802 SqFt
4 Beds
•2 Full Baths, 1 Partial
#1985941, Brandon Buell, Listing Office: Realty Executives Cooper Spransy
Is Fitchburg, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Fitchburg has remained a Seller's Market.
Key Takeaway
Fitchburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fitchburg, WI
How much do homes in Fitchburg, WI cost?
Median Sold Price
$419,900
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$10,000(+2.4%)
Key Takeaway
Homes in Fitchburg have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Fitchburg was $419,900 in August 2024, up 2.4% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256K | $225K | -12.1% |
| 2 Bedrooms | $321K | $341.5K | +6.4% |
| 3 Bedrooms | $410K | $427.4K | +4.3% |
| 4 Bedrooms | $624K | $575K | -7.9% |
| 5+ Bedrooms | $746K | $714K | -4.3% |
Summary: Fitchburg housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Madison | $365K | $400K | +9.6% |
| Fitchburg | $409.9K | $419.9K | +2.4% |
Housing Supply in Fitchburg, WI
How many homes are available in Fitchburg, WI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 128 | 116 | -9.4% |
Summary: The Fitchburg real estate market had 116 homes for sale in August 2024, a 9.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 39 | 35 | -10.3% |
| 3 Bedrooms | 56 | 48 | -14.3% |
| 4 Bedrooms | 28 | 29 | +3.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Fitchburg 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 decreased by 10.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 44 | 27 | -38.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fitchburg, expect to pay close to the asking price. 37% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in Fitchburg in August 2024, down by 38.6% month-over-month. Of the 27 sold homes, 33% were sold under asking, 37% were sold at asking, and 30% were sold over asking.
Days on Market for Fitchburg, WI
We’re sorry, we don't have information for this market at the moment
