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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schofield is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Schofield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Schofield, WI

How much do homes in Schofield, WI cost?

Median Sold Price

$270,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$109,000(+67.7%)

Key Takeaway

Homes in Schofield have sold for 67.7% more than they did a year ago.

Summary: The median home sold price in Schofield was $270,000 in March 2024, up 67.7% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $105.9K$123.4K
+16.5%
2 $161K$160K
-0.6%
3 $199K$280K
+40.7%
4 $249.9K$271K
+8.4%
5+ -$379.1K
N/A

Summary: Schofield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 40.7%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes did not change.

Housing Supply in Schofield, WI

How many homes are available in Schofield, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3440+17.6%

Summary: The Schofield real estate market had 40 homes for sale in March 2024, a 17.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 76
-14.3%
3 1519
+26.7%
4 1113
+18.2%
5+ 11
0.0%

Summary: The Schofield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schofield, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Schofield in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for Schofield, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 25 Days Ago

Newest Listings in Schofield, WI

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