March 2024

Russell Housing Market Report Bayfield County, Wisconsin

Report Updated 22 Days Ago

Housing Prices in Russell, WI

How much do homes in Russell, WI cost?

Median List Price

$695,000

$370/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

+$235,000(+51.1%)

Key Takeaway

The list price of homes in Russell has increased by 51.1% since February.

Summary: The median home list price in Russell was $695,000 in March 2024, up 51.1% from the previous month, and the median price per square foot was $370.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$225K	-	N/A
3 Bedrooms	-	-	N/A
4 Bedrooms	$695K	$695K	0.0%
5+ Bedrooms	-	-	N/A

Summary: Russell housing prices by bedroom type for March 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.

Housing Supply in Russell, WI

How many homes are available in Russell, WI?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
2	1	-50.0%

Summary: The Russell real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	0	-100.0%
3 Bedrooms	0	0	0.0%
4 Bedrooms	1	1	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Russell housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Russell, WI

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

Average Listing Age

Feb 2024	Mar 2024	CHANGE
309 Days	516 Days	+67.0%

Summary: Homes in Russell had an average listing age of 516 days in Mar 2024, up by 67% compared to the previous month.

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

Report Updated 22 Days Ago

Local real estate agents are ready to help you find a home here.

Connect With An Agent

Sell your home with an expert or get the job done on your own.

Sell My Home

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Russell, WI

What homes are available in Russell, WI?

See More Listings

$180,000

Land

2.54 Acres

88XXX Turner Rd, Bayfield WI, 54814

Mirka Nelson

Listing Office:

Coldwell Banker Realty - Ashland

#6111791

$695,000

$8,253 Closing Credit

1,875 SqFt

33485 Old County Highway K, Russell WI, 54814

Michael Furtak

Listing Office:

Coldwell Banker Realty - Iron River

#6106191

Nearby Markets to Russell, WI

MLS Disclaimers and Copyright

Based on information from Lake Superior Area MLS, and Wisconsin Real Estate Exchange for the period 02/01/2024 - 04/01/2024

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 8:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 8:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.