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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pembine is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pembine has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pembine, WI

How much do homes in Pembine, WI cost?

Median Sold Price

$285,000

$174/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$170,250(+148.4%)

Key Takeaway

Homes in Pembine have sold for 148.4% more than they did a month ago.

Summary: The median home sold price in Pembine was $285,000 in December 2024, up 148.4% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $114.7K-
N/A
2 -$205K
N/A
3 -$380K
N/A
4 -$285K
N/A
5+ --
N/A

Summary: Pembine housing prices by bedroom type for December 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

Pembine
+148.4%
Beecher
+134.6%
Vulcan
-54.7%

Housing Supply in Pembine, WI

How many homes are available in Pembine, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10100.0%

Summary: The Pembine real estate market had 10 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 32
-33.3%
2 45
+25.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Pembine housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 Pembine, 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 Pembine in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Pembine, WI

How long does it take to sell a home in Pembine, WI?

Average Sale Time

Nov 2024Dec 2024CHANGE
90 Days17 Days-81.1%

Summary: Homes in Pembine had an average of 17 days on market in Dec 2024, down by 81.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pembine are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Pembine; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Pembine, WI

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