Is Sheboygan, 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, 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
$235,450
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sheboygan have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Sheboygan was $235,450 in March 2024, up 17.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.6K | $249.9K | +156.0% |
| 2 Bedrooms | $165K | $190K | +15.2% |
| 3 Bedrooms | $205.5K | $241K | +17.3% |
| 4 Bedrooms | $269.9K | $260K | -3.7% |
| 5+ Bedrooms | $300.9K | $261K | -13.3% |
Summary: Sheboygan housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Sheboygan | $200K | $235.4K | +17.7% |
| Kohler | $340K | $351.2K | +3.3% |
Housing Supply in Sheboygan, WI
How many homes are available in Sheboygan, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 100 | 124 | +24.0% |
Summary: The Sheboygan real estate market had 124 homes for sale in March 2024, a 24.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 61 | 64 | +4.9% |
| 4 Bedrooms | 17 | 35 | +105.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sheboygan 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 increased by 16.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 105.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 46 | +76.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheboygan, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in Sheboygan in March 2024, up by 76.9% month-over-month. Of the 46 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Sheboygan, WI
We’re sorry, we don't have information for this market at the moment
