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 May 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

$239,900

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$37,650(+18.6%)

Key Takeaway

Homes in Sheboygan have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in Sheboygan was $239,900 in May 2024, up 18.6% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $104.5K$207.9K
+99.0%
2 $165K$195K
+18.2%
3 $210K$246K
+17.1%
4 $270K$269.5K
-0.2%
5+ $322K$271K
-15.8%

Summary: Sheboygan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Cities

Sheboygan
+18.6%
Wilson
+15.1%
Kohler
-3.6%

Housing Supply in Sheboygan, WI

How many homes are available in Sheboygan, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
132168+27.3%

Summary: The Sheboygan real estate market had 168 homes for sale in May 2024, a 27.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 2325
+8.7%
3 6888
+29.4%
4 3645
+25.0%
5+ 48
+100.0%

Summary: The Sheboygan housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3948+23.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

26 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. 54.2% of homes here sold above asking price last month.

Summary: A total of 48 homes were sold or pending in Sheboygan in May 2024, up by 23.1% month-over-month. Of the 48 sold homes, 27% were sold under asking, 19% were sold at asking, and 54% 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 23 Days Ago

Newest Listings in Sheboygan, WI

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