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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheboygan is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Sheboygan, WI

How much do homes in Sheboygan, WI cost?

Median Sold Price

$241,330

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$31,696(+15.1%)

Key Takeaway

Homes in Sheboygan have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Sheboygan was $241,330 in June 2024, up 15.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $105K$156K
+48.6%
2 $164K$201.5K
+22.9%
3 $213K$252.4K
+18.5%
4 $269.9K$269.5K
-0.1%
5+ $279.9K$281K
0.4%

Summary: Sheboygan housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.6%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Sheboygan
+15.1%
Wilson
+13.1%
Kohler
-10.6%

Housing Supply in Sheboygan, WI

How many homes are available in Sheboygan, WI?

Number of Homes For Sale

May 2024Jun 2024CHANGE
170175+2.9%

Summary: The Sheboygan real estate market had 175 homes for sale in June 2024, a 2.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 22
0.0%
2 2529
+16.0%
3 91100
+9.9%
4 4437
-15.9%
5+ 87
-12.5%

Summary: The Sheboygan housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
5062+24.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

37 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sheboygan, you could pay more than the asking price. 59.7% of homes here sold above asking price last month.

Summary: A total of 62 homes were sold or pending in Sheboygan in June 2024, up by 24.0% month-over-month. Of the 62 sold homes, 15% were sold under asking, 26% were sold at asking, and 60% were sold over asking.

Days on Market for Sheboygan, 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 26 Days Ago

Newest Listings in Sheboygan, WI

Nearby Markets to Sheboygan, WI