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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Galesville is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Galesville, WI

How much do homes in Galesville, WI cost?

Median Sold Price

$283,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$50,000(+21.5%)

Key Takeaway

Homes in Galesville have sold for 21.5% more than they did a year ago.

Summary: The median home sold price in Galesville was $283,000 in September 2024, up 21.5% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $47.5K-
N/A
2 $230K$249.9K
+8.7%
3 $269.5K$285K
+5.8%
4 $208K$335.8K
+61.5%
5+ $1.2M$235K
-81.2%

Summary: Galesville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 61.5%, and 5+ bedroom homes decreased by 81.2%.

Housing Supply in Galesville, WI

How many homes are available in Galesville, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
16160.0%

Summary: The Galesville real estate market had 16 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 74
-42.9%
4 56
+20.0%
5+ 45
+25.0%

Summary: The Galesville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Galesville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Galesville in September 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Galesville, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in Galesville, WI

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