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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Malone is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Malone, WI

How much do homes in Malone, WI cost?

Median Sold Price

$282,500

$188/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$135,000(-32.3%)

Key Takeaway

Homes in Malone have sold for 32.3% less than they did a month ago.

Summary: The median home sold price in Malone was $282,500 in March 2024, down 32.3% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $225K$185K
-17.8%
3 -$380K
N/A
4 --
N/A
5+ $610K-
N/A

Summary: Malone housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Calumet
+4.4%
Malone
-32.3%

Housing Supply in Malone, WI

How many homes are available in Malone, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
89+12.5%

Summary: The Malone real estate market had 9 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 55
0.0%
4 03
+100.0%
5+ 10
-100.0%

Summary: The Malone housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Malone in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Malone, 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 22 Days Ago

Newest Listings in Malone, WI