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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oconto is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Oconto has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Oconto, WI

How much do homes in Oconto, WI cost?

Median Sold Price

$182,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$4,000(+2.2%)

Key Takeaway

Homes in Oconto have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Oconto was $182,000 in February 2024, up 2.2% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $146.4K$139.9K
-4.4%
2 $129K$131K
+1.6%
3 $190K$187.7K
-1.2%
4 $160K$187.5K
+17.2%
5+ -$255K
N/A

Summary: Oconto housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes did not change.

Housing Supply in Oconto, WI

How many homes are available in Oconto, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1617+6.3%

Summary: The Oconto real estate market had 17 homes for sale in February 2024, a 6.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 55
0.0%
3 77
0.0%
4 32
-33.3%
5+ 13
+200.0%

Summary: The Oconto housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 Oconto, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Oconto in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Oconto, 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 27 Days Ago

Newest Listings in Oconto, WI

Nearby Markets to Oconto, WI