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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springwater is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Springwater was a Buyer's Market.

Key Takeaway

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

Housing Prices in Springwater, WI

How much do homes in Springwater, WI cost?

Median Sold Price

$265,000

$182/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$222,500(-45.6%)

Key Takeaway

Homes in Springwater have sold for 45.6% less than they did a month ago.

Summary: The median home sold price in Springwater was $265,000 in April 2024, down 45.6% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $487.5K$225K
-53.8%
3 -$342.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Springwater housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.8%, 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

Wild Rose
+47.9%
Springwater
-45.6%

Housing Supply in Springwater, WI

How many homes are available in Springwater, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Springwater real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 55
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Springwater 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springwater, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Springwater in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Springwater, 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 3 Days Ago

Newest Listings in Springwater, WI

Nearby Markets to Springwater, WI