Is Pierce County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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.
Housing Prices in Pierce County, WI
How much do homes in Pierce County, WI cost?
Median Sold Price
$349,095
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pierce County have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Pierce County was $349,095 in March 2024, up 9.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $140K | -20.0% |
| 2 Bedrooms | $250K | $292.5K | +17.0% |
| 3 Bedrooms | $315.3K | $324K | +2.7% |
| 4 Bedrooms | $375K | $410K | +9.3% |
| 5+ Bedrooms | $460K | $457.5K | -0.5% |
Summary: Pierce County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Counties
| Pierce County | $319.9K | $349K | +9.1% |
| Pepin County | $225K | $231.9K | +3.1% |
| Saint Croix County | $363.7K | $374K | +2.8% |
| Goodhue County | $287.5K | $285K | -0.9% |
| Washington County | $414.8K | $410K | -1.2% |
Housing Supply in Pierce County, WI
How many homes are available in Pierce County, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 239 | 265 | +10.9% |
Summary: The Pierce County real estate market had 265 homes for sale in March 2024, a 10.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 37 | 44 | +18.9% |
| 3 Bedrooms | 114 | 127 | +11.4% |
| 4 Bedrooms | 66 | 75 | +13.6% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Pierce County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 49 | +11.4% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pierce County, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Pierce County in March 2024, up by 11.4% month-over-month. Of the 49 sold homes, 53% were sold under asking, 22% were sold at asking, and 24% were sold over asking.
Days on Market for Pierce County, WI
How long does it take to sell a home in Pierce County, WI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 69 Days | -12.3% |
Summary: Homes in Pierce County had an average of 69 days on market in Mar 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pierce County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in Pierce County; 22% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
