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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanley is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Stanley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stanley, WI

How much do homes in Stanley, WI cost?

Median Sold Price

$261,000

$149/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$33,500(+14.7%)

Key Takeaway

Homes in Stanley have sold for 14.7% more than they did a month ago.

Summary: The median home sold price in Stanley was $261,000 in August 2024, up 14.7% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 $475K-
N/A
2 -$193K
N/A
3 $215K$399.9K
+86.0%
4 $215K$287K
+33.5%
5+ -$120K
N/A

Summary: Stanley housing prices by bedroom type for August 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 increased by 86%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes did not change.

Housing Supply in Stanley, WI

How many homes are available in Stanley, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1711-35.3%

Summary: The Stanley real estate market had 11 homes for sale in August 2024, a 35.3% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 54
-20.0%
4 83
-62.5%
5+ 22
0.0%

Summary: The Stanley housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 62.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stanley in August 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Stanley, 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 18 Days Ago

Newest Listings in Stanley, WI

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