Is Manitowoc County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Manitowoc County has remained a Seller's Market.
Key Takeaway
Manitowoc County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manitowoc County, WI
How much do homes in Manitowoc County, WI cost?
Median Sold Price
$205,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Manitowoc County have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Manitowoc County was $205,000 in March 2024, up 10.4% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94K | $106K | +12.8% |
| 2 Bedrooms | $145K | $164.9K | +13.7% |
| 3 Bedrooms | $190K | $209.8K | +10.5% |
| 4 Bedrooms | $242.4K | $230K | -5.1% |
| 5+ Bedrooms | $323.5K | $252.5K | -21.9% |
Summary: Manitowoc County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 21.9%.
Median Sold Price Compared To Nearby Counties
| Brown County | $268.1K | $310.3K | +15.7% |
| Manitowoc County | $185.7K | $205K | +10.4% |
| Sheboygan County | $236.3K | $255.8K | +8.2% |
| Kewaunee County | $252.5K | $262K | +3.8% |
Housing Supply in Manitowoc County, WI
How many homes are available in Manitowoc County, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 167 | 189 | +13.2% |
Summary: The Manitowoc County real estate market had 189 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 24 | 31 | +29.2% |
| 3 Bedrooms | 85 | 91 | +7.1% |
| 4 Bedrooms | 39 | 48 | +23.1% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Manitowoc County 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 increased by 29.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 53 | +65.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manitowoc County, you could pay more than the asking price. 47.2% of homes here sold above asking price last month.
Summary: A total of 53 homes were sold or pending in Manitowoc County in March 2024, up by 65.6% month-over-month. Of the 53 sold homes, 28% were sold under asking, 25% were sold at asking, and 47% were sold over asking.
Days on Market for Manitowoc County, WI
We’re sorry, we don't have information for this market at the moment
