Is Neillsville, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Neillsville was a Seller's Market.
Key Takeaway
Neillsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Neillsville, WI
How much do homes in Neillsville, WI cost?
Median Sold Price
$172,450
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Neillsville have sold for 56.9% less than they did a year ago.
Summary: The median home sold price in Neillsville was $172,450 in April 2024, down 56.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $83.5K | N/A |
| 2 Bedrooms | $400K | $140K | -65.0% |
| 3 Bedrooms | $177K | $183.7K | +3.8% |
| 4 Bedrooms | $480K | $225K | -53.1% |
| 5+ Bedrooms | - | $518.5K | N/A |
Summary: Neillsville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 65%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 53.1%, and 5+ bedroom homes did not change.
Housing Supply in Neillsville, WI
How many homes are available in Neillsville, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 42 | +16.7% |
Summary: The Neillsville real estate market had 42 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Neillsville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neillsville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Neillsville in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Neillsville, WI
We’re sorry, we don't have information for this market at the moment
