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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sarona is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sarona has remained a Buyer's Market.

Key Takeaway

Sarona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sarona, WI

How much do homes in Sarona, WI cost?

Median Sold Price

$263,000

$90/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$87,000(-24.9%)

Key Takeaway

Homes in Sarona have sold for 24.9% less than they did a month ago.

Summary: The median home sold price in Sarona was $263,000 in April 2024, down 24.9% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $125K-
N/A
2 --
N/A
3 -$263K
N/A
4 $575K-
N/A
5+ --
N/A

Summary: Sarona housing prices by bedroom type for April 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.

Median Sold Price Compared To Nearby Cities

Sarona
-24.9%
Long Lake
-24.9%

Housing Supply in Sarona, WI

How many homes are available in Sarona, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1617+6.3%

Summary: The Sarona real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1213
+8.3%
4 10
-100.0%
5+ 13
+200.0%

Summary: The Sarona housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sarona, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sarona in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sarona, WI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sarona has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Sarona; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in Sarona, WI

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