Is Necedah, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Necedah is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Necedah has remained a Seller's Market.

Key Takeaway

Necedah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Necedah, WI

How much do homes in Necedah, WI cost?

Median Sold Price

$145,503

$144/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$116,497(-44.5%)

Key Takeaway

Homes in Necedah have sold for 44.5% less than they did a month ago.

Summary: The median home sold price in Necedah was $145,503 in November 2024, down 44.5% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $135K-
N/A
2 $88K$115.5K
+31.3%
3 $274.5K$145K
-47.2%
4 $612K$199.9K
-67.3%
5+ --
N/A

Summary: Necedah housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 47.2%, 4 bedroom homes decreased by 67.3%, and 5+ bedroom homes did not change.

Housing Supply in Necedah, WI

How many homes are available in Necedah, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3020-33.3%

Summary: The Necedah real estate market had 20 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 148
-42.9%
4 64
-33.3%
5+ 44
0.0%

Summary: The Necedah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Necedah, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Necedah in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Necedah, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Necedah, WI

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