Is Shawano, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Shawano has remained a Seller's Market.
Key Takeaway
Shawano is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shawano, WI
How much do homes in Shawano, WI cost?
Median Sold Price
$196,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Shawano have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Shawano was $196,000 in March 2024, up 15.3% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $156K | $145K | -7.1% |
| 3 Bedrooms | $174.8K | $196K | +12.1% |
| 4 Bedrooms | $206K | $224.9K | +9.2% |
| 5+ Bedrooms | $221K | $446K | +101.8% |
Summary: Shawano housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 101.8%.
Median Sold Price Compared To Nearby Cities
| Wescott | $207.4K | $245K | +18.1% |
| Shawano | $170K | $196K | +15.3% |
Housing Supply in Shawano, WI
How many homes are available in Shawano, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 47 | -9.6% |
Summary: The Shawano real estate market had 47 homes for sale in March 2024, a 9.6% 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 | 11 | 13 | +18.2% |
| 3 Bedrooms | 25 | 18 | -28.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Shawano 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 increased by 18.2%, 3 bedroom homes decreased by 28%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shawano, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Shawano in March 2024, down by 40.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Shawano, WI
We’re sorry, we don't have information for this market at the moment
