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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rusk County is a seller's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Rusk County was a Neutral Market.

Key Takeaway

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

How much do homes in Rusk County, WI cost?

Median Sold Price

$166,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$26,000(+18.6%)

Key Takeaway

Homes in Rusk County have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $121K$52.5K
-56.6%
2 $131K$115K
-12.2%
3 $132.1K$200K
+51.4%
4 $283.7K$184K
-35.2%
5+ $140K$374.5K
+167.5%

Median Sold Price Compared To Nearby Counties

Sawyer County
+30.4%
Rusk County
+18.6%
Barron County
+12.4%
Chippewa County
0.3%

How many homes are available in Rusk County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
6554-16.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 53
-40.0%
2 1721
+23.5%
3 2920
-31.0%
4 139
-30.8%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
1916-15.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rusk County, you may be able to get a good deal. 68.8% 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 Rusk County, WI

Rusk County, WI has 54 homes on the market. Between September 2022 and October 2022, Rusk County, WI real estate market has seen decrease in the number of listings by 16.9%. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties decreased by 56.6%, prices of 2 bedrooms properties decreased by 12.2%, 3 bedrooms properties prices increased by 51.4%, prices of 4 bedrooms properties decreased by 35.2%, prices of 5 bedrooms properties increased by 167.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 40% less available, 2 bedrooms homes inventory increased by 23.5%, the quantity of 3 bedrooms homes went down by 31%, 4 bedrooms homes inventory decreased by 30.8%, the quantity of 5 bedrooms homes have not changed. In October 2022 more than 2 listings in Rusk County, WI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 11 were sold below.

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