Is Montello, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Montello was a Buyer's Market.
Key Takeaway
Montello is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montello, WI
How much do homes in Montello, WI cost?
Median Sold Price
$255,000
$174/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Montello have sold for 40.3% more than they did a month ago.
Summary: The median home sold price in Montello was $255,000 in March 2024, up 40.3% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $113.4K | N/A |
| 2 Bedrooms | $230K | $242.5K | +5.4% |
| 3 Bedrooms | $178.5K | $267.5K | +49.8% |
| 4 Bedrooms | - | $290.5K | N/A |
| 5+ Bedrooms | $153K | - | N/A |
Summary: Montello 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 increased by 5.4%, 3 bedroom homes increased by 49.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Montello, WI
How many homes are available in Montello, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 54 | +20.0% |
Summary: The Montello real estate market had 54 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Montello 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 13.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 14 | +250.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montello, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Montello in March 2024, up by 250.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Montello, WI
We’re sorry, we don't have information for this market at the moment
