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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakfield is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Oakfield was a Seller's Market.

Key Takeaway

Oakfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Oakfield, WI

How much do homes in Oakfield, WI cost?

Median Sold Price

$290,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,000(+13.7%)

Key Takeaway

Homes in Oakfield have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Oakfield was $290,000 in March 2024, up 13.7% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$312K
N/A
3 $297K$318.5K
+7.2%
4 -$265.4K
N/A
5+ $250.5K-
N/A

Summary: Oakfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oakfield, WI

How many homes are available in Oakfield, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
76-14.3%

Summary: The Oakfield real estate market had 6 homes for sale in March 2024, a 14.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 33
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Oakfield 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 decreased by 100%, 3 bedroom homes remained the same, 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

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakfield, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Days on Market for Oakfield, 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 24 Days Ago

Newest Listings in Oakfield, WI

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