Is Star Prairie, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Star Prairie is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Star Prairie has remained a Neutral Market.

Key Takeaway

Star Prairie is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Star Prairie, WI

How much do homes in Star Prairie, WI cost?

Median Sold Price

$205,000

$138/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$130,000(-38.8%)

Key Takeaway

Homes in Star Prairie have sold for 38.8% less than they did a month ago.

Summary: The median home sold price in Star Prairie was $205,000 in February 2024, down 38.8% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $335K$205K
-38.8%
4 --
N/A
5+ --
N/A

Summary: Star Prairie housing prices by bedroom type for February 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 decreased by 38.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Alden
+16.4%
Star Prairie
-38.8%
Star Prairie
-38.8%

Housing Supply in Star Prairie, WI

How many homes are available in Star Prairie, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1213+8.3%

Summary: The Star Prairie real estate market had 13 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 88
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Star Prairie housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Star Prairie, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Star Prairie in February 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Star Prairie, WI

How long does it take to sell a home in Star Prairie, WI?

Average Sale Time

Jan 2024Feb 2024CHANGE
35 Days3 Days-91.4%

Summary: Homes in Star Prairie had an average of 3 days on market in Feb 2024, down by 91.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Star Prairie are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in Star Prairie; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Star Prairie, WI

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