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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reedsburg is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in Reedsburg, WI cost?

Median Sold Price

$235,000

$135/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

-$52,000(-18.1%)

Key Takeaway

Homes in Reedsburg have sold for 18.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 $198K$160K
-19.2%
3 $287K$235K
-18.1%
4 $358.7K$247K
-31.1%
5+ --
N/A

How many homes are available in Reedsburg, WI?

Number of Homes For Sale

Nov 2022Dec 2022%
4137-9.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 64
-33.3%
3 2723
-14.8%
4 76
-14.3%
5+ 14
+300.0%

Number of Homes Sold

Nov 2022Dec 2022%
139-30.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reedsburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

About Reedsburg, WI

Number of homes for sale in Reedsburg, WI real estate market have reached 37. The number of listings in Reedsburg, WI decreased by 9.8% between November 2022 and December 2022. Real estate listing prices changed between December 2021 and December 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 19.2%, the cost of 3 bedrooms properties went down by 18.1%, prices of 4 bedrooms properties decreased by 31.1%, prices of 5 bedrooms properties increased by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 33.3% less available, the quantity of 3 bedrooms homes went down by 14.8%, volume of 4 bedrooms homes went down by 14.3%, the quantity of 5 bedrooms homes went up by 300%. While more than 3 listings in Reedsburg, WI in December 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below.