Is Oak Grove, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak Grove is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Oak Grove was a Seller's Market.

Key Takeaway

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

Housing Prices in Oak Grove, WI

How much do homes in Oak Grove, WI cost?

Median Sold Price

$295,000

$153/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$290,000(-49.6%)

Key Takeaway

Homes in Oak Grove have sold for 49.6% less than they did a month ago.

Summary: The median home sold price in Oak Grove was $295,000 in March 2024, down 49.6% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $585K$295K
-49.6%
5+ $345K-
N/A

Summary: Oak Grove 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 decreased by 49.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Lake
+87.0%
Long Lake
+53.2%
Oak Grove
-49.6%

Housing Supply in Oak Grove, WI

How many homes are available in Oak Grove, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
880.0%

Summary: The Oak Grove real estate market had 8 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 43
-25.0%
5+ 21
-50.0%

Summary: The Oak Grove 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 increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Oak Grove in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oak Grove, 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 29 Days Ago

Newest Listings in Oak Grove, WI

Nearby Markets to Oak Grove, WI