Is Pierce County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pierce County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Pierce County, WI cost?

Median Sold Price

$305,264

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$14,327(+4.9%)

Key Takeaway

Homes in Pierce County have sold for 4.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $112.5K$175K
+55.6%
2 $200K$235K
+17.5%
3 $276K$285K
+3.3%
4 $347.5K$362K
+4.2%
5+ $395K$425K
+7.6%

Median Sold Price Compared To Nearby Counties

Goodhue County
+9.6%
Dakota County
+7.6%
Saint Croix County
+5.7%
Pierce County
+4.9%
Pepin County
-2.3%

How many homes are available in Pierce County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
286279-2.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 24
+100.0%
2 4343
0.0%
3 140128
-8.6%
4 7482
+10.8%
5+ 2722
-18.5%

Number of Homes Sold

Sep 2022Oct 2022%
6259-4.8%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pierce County, you may be able to get a good deal. 39% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
41 Days45 Days+8.6%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pierce County has remained consistent over time.

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

About Pierce County, WI

Pierce County, WI has 279 homes for sale to choose from. The inventory of homes for sale in Pierce County, WI between September 2022 and October 2022 decreased by 2.4%. In October 2022 median list price was $305,264 and the average listing age was 45 days. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 55.6%, 2 bedrooms properties prices increased by 17.5%, the cost of 3 bedrooms properties went up by 3.3%, the cost of 4 bedrooms properties went up by 4.2%, 5 bedrooms properties prices increased by 7.6%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 100%, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 8.6%, volume of 4 bedrooms homes went up by 10.8%, 5 bedrooms homes inventory decreased by 18.5%. In October 2022 more than 18 listings in Pierce County, WI were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 23 were sold below.

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