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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knapp is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Knapp has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Knapp, WI

How much do homes in Knapp, WI cost?

Median Sold Price

$283,500

$144/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$152,500(+116.4%)

Key Takeaway

Homes in Knapp have sold for 116.4% more than they did a month ago.

Summary: The median home sold price in Knapp was $283,500 in April 2024, up 116.4% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $130K-
N/A
2 $132K$166.7K
+26.3%
3 -$300K
N/A
4 --
N/A
5+ --
N/A

Summary: Knapp housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Knapp, WI

How many homes are available in Knapp, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Knapp real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Knapp housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knapp, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Knapp in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Knapp, WI

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

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 Knapp are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in Knapp; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 5 Days Ago

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