Is Silver Spring, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Silver Spring was a Seller's Market.
Housing Prices in Silver Spring, WI
How much do homes in Silver Spring, WI cost?
Median Sold Price
$122,500
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Silver Spring was $122,500 in April 2024, down 7.2% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $76.4K | $75K | -1.9% |
3 Bedrooms | $142.5K | $150K | +5.3% |
4 Bedrooms | $175K | $154.9K | -11.5% |
5+ Bedrooms | - | $248.5K | N/A |
Summary: Silver Spring housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Menomonee River Hills East | $200K | $206.7K | +3.4% |
Northwest | $159.7K | $161K | +0.8% |
Silver Spring | $132K | $122.5K | -7.2% |
Hampton Heights | $139K | $109K | -21.6% |
Housing Supply in Silver Spring, WI
How many homes are available in Silver Spring, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 44 | +2.3% |
Summary: The Silver Spring real estate market had 44 homes for sale in April 2024, a 2.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 26 | 28 | +7.7% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Silver Spring housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Silver Spring in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Silver Spring, WI
We’re sorry, we don't have information for this market at the moment