Is Mount Horeb, 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, Mount Horeb was a Buyer's Market.
Key Takeaway
Mount Horeb is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Horeb, WI
How much do homes in Mount Horeb, WI cost?
Median Sold Price
$430,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mount Horeb have sold for 42.6% more than they did a year ago.
Summary: The median home sold price in Mount Horeb was $430,000 in March 2024, up 42.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $276K | $300.5K | +8.9% |
| 3 Bedrooms | $304.5K | $411.2K | +35.1% |
| 4 Bedrooms | $500K | $506K | +1.2% |
| 5+ Bedrooms | - | $691.5K | N/A |
Summary: Mount Horeb 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 8.9%, 3 bedroom homes increased by 35.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.
Housing Supply in Mount Horeb, WI
How many homes are available in Mount Horeb, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Mount Horeb real estate market had 25 homes for sale in March 2024, a 13.6% 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 | 1 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Horeb 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 9.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Horeb, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mount Horeb in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mount Horeb, WI
We’re sorry, we don't have information for this market at the moment
