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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nekoosa is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Nekoosa was a Buyer's Market.

Key Takeaway

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

Housing Prices in Nekoosa, WI

How much do homes in Nekoosa, WI cost?

Median Sold Price

$250,000

$170/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$4,950(-1.9%)

Key Takeaway

Homes in Nekoosa have sold for 1.9% less than they did a month ago.

Summary: The median home sold price in Nekoosa was $250,000 in March 2024, down 1.9% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $470K$230K
-51.1%
3 $206.4K$215K
+4.1%
4 -$404.9K
N/A
5+ -$468K
N/A

Summary: Nekoosa housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rome
+25.0%
Nekoosa
+20.1%
Saratoga
0.5%
Nekoosa
-1.9%

Housing Supply in Nekoosa, WI

How many homes are available in Nekoosa, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4552+15.6%

Summary: The Nekoosa real estate market had 52 homes for sale in March 2024, a 15.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 2730
+11.1%
4 78
+14.3%
5+ 33
0.0%

Summary: The Nekoosa 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 increased by 37.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nekoosa, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Nekoosa in March 2024, up by 116.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.

Days on Market for Nekoosa, 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 17 Days Ago

Newest Listings in Nekoosa, WI

Nearby Markets to Nekoosa, WI

What housing markets are near Nekoosa, WI?