Is South Range, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, South Range has remained a Seller's Market.
Key Takeaway
South Range is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Range, WI
How much do homes in South Range, WI cost?
Median Sold Price
$410,000
$181/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in South Range have sold for 24.2% more than they did a month ago.
Summary: The median home sold price in South Range was $410,000 in March 2024, up 24.2% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $410K | N/A |
| 3 Bedrooms | $330K | $330K | 0.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $411K | N/A |
Summary: South Range housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hawthorne | $267.5K | $411K | +53.6% |
| South Range | $330K | $410K | +24.2% |
Housing Supply in South Range, WI
How many homes are available in South Range, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The South Range real estate market had 12 homes for sale in March 2024, a 9.1% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South Range 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Range, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in South Range in March 2024, up by 133.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for South Range, WI
How long does it take to sell a home in South Range, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Range has remained consistent over time.
Summary: During March 2024, 7 homes were sold in South Range; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
