Is Manitowoc County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manitowoc County is a seller's market

Buyer's
Market

Difference Since October 2021

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.

How much do homes in Manitowoc County, WI cost?

Median Sold Price

$175,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$7,500(+4.5%)

Key Takeaway

Homes in Manitowoc County have sold for 4.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $168.9K$74.5K
-55.9%
2 $152K$140K
-7.9%
3 $169K$178.5K
+5.6%
4 $169.5K$230K
+35.7%
5+ $226.5K$291K
+28.5%

Median Sold Price Compared To Nearby Counties

Sheboygan County
+15.2%
Kewaunee County
+12.9%
Brown County
+5.9%
Manitowoc County
+4.5%

How many homes are available in Manitowoc County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
273231-15.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 34
+33.3%
2 5747
-17.5%
3 123112
-8.9%
4 7552
-30.7%
5+ 1516
+6.7%

Number of Homes Sold

Sep 2022Oct 2022%
10276-25.5%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manitowoc County, you could pay more than the asking price. 55.3% of homes here sold above asking price last month.

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

About Manitowoc County, WI

Number of homes for sale in Manitowoc County, WI real estate market have reached 231. Between September 2022 and October 2022, Manitowoc County, WI real estate market has seen decrease in the number of listings by 15.4%. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went down by 55.9%, prices of 2 bedrooms properties went down by 7.9%, 3 bedrooms properties prices increased by 5.6%, prices of 4 bedrooms properties went up by 35.7%, 5 bedrooms properties prices increased by 28.5%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 33.3%, number of 2 bedrooms homes decreased by 17.5%, volume of 3 bedrooms homes went down by 8.9%, number of 4 bedrooms homes decreased by 30.7%, number of 5 bedrooms homes increased by 6.7%. While more than 42 listings in Manitowoc County, WI in October 2022 were sold above asking price, there were more than 10 listings sold at asking price, and more than 24 were sold below.

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