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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neenah is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Neenah has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Neenah, WI

How much do homes in Neenah, WI cost?

Median Sold Price

$300,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$22,373(+8.1%)

Key Takeaway

Homes in Neenah have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Neenah was $300,000 in May 2024, up 8.1% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $139.4K$254K
+82.2%
2 $177.5K$193K
+8.7%
3 $250K$265K
+6.0%
4 $350K$363K
+3.7%
5+ $357.5K$595K
+66.4%

Summary: Neenah housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 66.4%.

Median Sold Price Compared To Nearby Cities

Neenah
+8.1%
Menasha
+8.0%
Menasha
+4.7%

Housing Supply in Neenah, WI

How many homes are available in Neenah, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
131154+17.6%

Summary: The Neenah real estate market had 154 homes for sale in May 2024, a 17.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1517
+13.3%
3 5772
+26.3%
4 4552
+15.6%
5+ 1413
-7.1%

Summary: The Neenah housing inventory by bedroom type for May 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 26.3%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3631-13.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neenah, you could pay more than the asking price. 71% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Neenah in May 2024, down by 13.9% month-over-month. Of the 31 sold homes, 16% were sold under asking, 13% were sold at asking, and 71% were sold over asking.

Days on Market for Neenah, 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 23 Days Ago

Newest Listings in Neenah, WI

Nearby Markets to Neenah, WI

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