Is Stoughton, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Stoughton was a Buyer's Market.
Key Takeaway
Stoughton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stoughton, WI
How much do homes in Stoughton, WI cost?
Median Sold Price
$502,500
$234/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Stoughton have sold for 43.8% more than they did a month ago.
Summary: The median home sold price in Stoughton was $502,500 in April 2024, up 43.8% from last month, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $214.5K | -28.5% |
| 3 Bedrooms | $437K | $587K | +34.3% |
| 4 Bedrooms | $162.4K | $461K | +183.7% |
| 5+ Bedrooms | - | $598.9K | N/A |
Summary: Stoughton 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 28.5%, 3 bedroom homes increased by 34.3%, 4 bedroom homes increased by 183.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rutland | $250K | $900K | +260.0% |
| Stoughton | $349.5K | $502.5K | +43.8% |
Housing Supply in Stoughton, WI
How many homes are available in Stoughton, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 58 | 75 | +29.3% |
Summary: The Stoughton real estate market had 75 homes for sale in April 2024, a 29.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 30 | 36 | +20.0% |
| 4 Bedrooms | 16 | 26 | +62.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Stoughton 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 increased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 19 | +216.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stoughton, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Stoughton in April 2024, up by 216.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.
Days on Market for Stoughton, WI
We’re sorry, we don't have information for this market at the moment
