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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onalaska is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Onalaska, WI

How much do homes in Onalaska, WI cost?

Median Sold Price

$345,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+9.5%)

Key Takeaway

Homes in Onalaska have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Onalaska was $345,000 in April 2024, up 9.5% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$175K
N/A
2 $239.4K$262.5K
+9.6%
3 $272.2K$302.1K
+11.0%
4 $370K$382.5K
+3.4%
5+ $480K$725K
+51.0%

Summary: Onalaska housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 51%.

Median Sold Price Compared To Nearby Cities

Onalaska
+9.5%
La Crosse
+4.3%
Medary
-11.9%

Housing Supply in Onalaska, WI

How many homes are available in Onalaska, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4850+4.2%

Summary: The Onalaska real estate market had 50 homes for sale in April 2024, a 4.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 2422
-8.3%
4 1616
0.0%
5+ 35
+66.7%

Summary: The Onalaska housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onalaska, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Onalaska in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for Onalaska, 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 10 Days Ago

Newest Listings in Onalaska, WI

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