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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Necedah is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Necedah was a Buyer's Market.

Key Takeaway

Necedah 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 Necedah, WI

How much do homes in Necedah, WI cost?

Median Sold Price

$252,500

$154/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$500(+0.2%)

Key Takeaway

The sold price of homes in Necedah has remained the same since last month.

Summary: The median home sold price in Necedah was $252,500 in February 2024, up 0.2% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $252K$252.5K
0.2%
4 --
N/A
5+ --
N/A

Summary: Necedah housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.2%, 4 bedroom homes did not change, 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

Jan 2024Feb 2024CHANGE
2428+16.7%

Summary: The Necedah real estate market had 28 homes for sale in February 2024, a 16.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1414
0.0%
4 34
+33.3%
5+ 36
+100.0%

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

Number of Homes Sold

Jan 2024Feb 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Necedah, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Necedah in February 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% 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 28 Days Ago

Newest Listings in Necedah, WI

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