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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sawyer County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Sawyer County, WI cost?

Median Sold Price

$326,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$76,000(+30.4%)

Key Takeaway

Homes in Sawyer County have sold for 30.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $129.9K$139.9K
+7.7%
2 $190K$275.6K
+45.1%
3 $282.5K$351K
+24.2%
4 $671.2K$512.5K
-23.6%
5+ $490K$484.6K
-1.1%

Median Sold Price Compared To Nearby Counties

Bayfield County
+31.0%
Sawyer County
+30.4%
Rusk County
+18.6%
Washburn County
-6.7%

How many homes are available in Sawyer County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
1911910.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 812
+50.0%
2 4948
-2.0%
3 8786
-1.1%
4 3130
-3.2%
5+ 1615
-6.3%

Number of Homes Sold

Sep 2022Oct 2022%
3932-17.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sawyer County, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days33 Days+56.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were 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 Sawyer County has remained consistent over time.

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

About Sawyer County, WI

Sawyer County, WI has 191 homes for sale to choose from. In October 2022, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $326,000. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties increased by 7.7%, 2 bedrooms properties prices increased by 45.1%, the cost of 3 bedrooms properties went up by 24.2%, 4 bedrooms properties prices decreased by 23.6%, the cost of 5 bedrooms properties went down by 1.1%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went up by 50%, 2 bedrooms homes inventory decreased by 2%, number of 3 bedrooms homes decreased by 1.1%, number of 4 bedrooms homes decreased by 3.2%, number of 5 bedrooms homes decreased by 6.3%. Sawyer County, WI housing market in October 2022 saw over 14 listings sold above listed price, more than 5 sold at listed price and over 13 sold below.

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