Is Mitchell, 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, Mitchell has remained a Seller's Market.
Key Takeaway
Mitchell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mitchell, WI
How much do homes in Mitchell, WI cost?
Median Sold Price
$300,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mitchell have sold for 11.2% less than they did a year ago.
Summary: The median home sold price in Mitchell was $300,000 in March 2024, down 11.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $190K | -33.3% |
| 3 Bedrooms | $335.5K | $310K | -7.6% |
| 4 Bedrooms | $616K | $440K | -28.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mitchell 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 decreased by 33.3%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Osceola | $314.1K | $330K | +5.1% |
| Mitchell | $338K | $300K | -11.2% |
Housing Supply in Mitchell, WI
How many homes are available in Mitchell, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Mitchell real estate market had 3 homes for sale in March 2024, the same as 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 | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mitchell 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 increased by 50%, 4 bedroom homes decreased by 100%, 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
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mitchell, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Mitchell in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Mitchell, WI
We’re sorry, we don't have information for this market at the moment
