Is Mc Farland, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mc Farland was a Neutral Market.
Key Takeaway
Mc Farland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Farland, WI
How much do homes in Mc Farland, WI cost?
Median Sold Price
$420,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mc Farland have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Mc Farland was $420,000 in March 2024, up 5.7% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $331.6K | $365K | +10.1% |
| 3 Bedrooms | $390K | $411.7K | +5.6% |
| 4 Bedrooms | $466.3K | $485K | +4.0% |
| 5+ Bedrooms | $650K | $570K | -12.3% |
Summary: Mc Farland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in Mc Farland, WI
How many homes are available in Mc Farland, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Summary: The Mc Farland real estate market had 40 homes for sale in March 2024, a 5.3% increase 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 | 1 | 4 | +300.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mc Farland 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 300%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Farland, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Mc Farland in March 2024, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 56% were sold at asking, and 33% were sold over asking.
Days on Market for Mc Farland, WI
We’re sorry, we don't have information for this market at the moment
