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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stephenson is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Stephenson has remained a Buyer's Market.

Key Takeaway

Stephenson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stephenson, WI

How much do homes in Stephenson, WI cost?

Median Sold Price

$224,900

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,900(+2.2%)

Key Takeaway

Homes in Stephenson have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Stephenson was $224,900 in March 2024, up 2.2% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$231K
N/A
2 $210K$202.5K
-3.6%
3 $222.5K$240.9K
+8.3%
4 $307.5K$296.9K
-3.4%
5+ -$424.9K
N/A

Summary: Stephenson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.

Housing Supply in Stephenson, WI

How many homes are available in Stephenson, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1116+45.5%

Summary: The Stephenson real estate market had 16 homes for sale in March 2024, a 45.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 47
+75.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Stephenson 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 increased by 14.3%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stephenson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Stephenson in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Stephenson, 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 25 Days Ago

Newest Listings in Stephenson, WI

Nearby Markets to Stephenson, WI