Is Mondovi, 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, Mondovi was a Buyer's Market.
Key Takeaway
Mondovi is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mondovi, WI
How much do homes in Mondovi, WI cost?
Median Sold Price
$225,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mondovi have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Mondovi was $225,000 in March 2024, up 4.7% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $144K | N/A |
| 2 Bedrooms | $140K | $162.5K | +16.1% |
| 3 Bedrooms | $214.9K | $221.5K | +3.1% |
| 4 Bedrooms | $224K | $240K | +7.1% |
| 5+ Bedrooms | $315K | $266.4K | -15.4% |
Summary: Mondovi 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 16.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 15.4%.
Housing Supply in Mondovi, WI
How many homes are available in Mondovi, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 31 | +34.8% |
Summary: The Mondovi real estate market had 31 homes for sale in March 2024, a 34.8% 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 | 5 | 8 | +60.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Mondovi 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 60%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mondovi, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Mondovi in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Mondovi, WI
We’re sorry, we don't have information for this market at the moment
