Is Manitowoc Rapids, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Manitowoc Rapids has remained a Seller's Market.
Key Takeaway
Manitowoc Rapids is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manitowoc Rapids, WI
How much do homes in Manitowoc Rapids, WI cost?
Median Sold Price
$435,000
$137/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Manitowoc Rapids have sold for 107.1% more than they did a month ago.
Summary: The median home sold price in Manitowoc Rapids was $435,000 in March 2024, up 107.1% from last month, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $210K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $435K | N/A |
Summary: Manitowoc Rapids 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 did not change, 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
| Kossuth | $165K | $380K | +130.3% |
| Manitowoc Rapids | $210K | $435K | +107.1% |
Housing Supply in Manitowoc Rapids, WI
How many homes are available in Manitowoc Rapids, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Manitowoc Rapids real estate market had 3 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Manitowoc Rapids 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manitowoc Rapids, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Manitowoc Rapids in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Manitowoc Rapids, WI
We’re sorry, we don't have information for this market at the moment
