Is New Chester, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Chester is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, New Chester was a Seller's Market.

Key Takeaway

New Chester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in New Chester, WI

How much do homes in New Chester, WI cost?

Median Sold Price

$92,500

$90/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$95,000(-50.7%)

Key Takeaway

Homes in New Chester have sold for 50.7% less than they did a month ago.

Summary: The median home sold price in New Chester was $92,500 in March 2024, down 50.7% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$92.5K
N/A
3 $187.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: New Chester 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oxford
+1.2%
New Chester
-50.7%

Housing Supply in New Chester, WI

How many homes are available in New Chester, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
109-10.0%

Summary: The New Chester real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 87
-12.5%
4 00
0.0%
5+ 00
0.0%

Summary: The New Chester 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Chester, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in New Chester in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for New Chester, 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 22 Days Ago

Newest Listings in New Chester, WI

Nearby Markets to New Chester, WI

What housing markets are near New Chester, WI?