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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strum is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Strum was a Buyer's Market.

Key Takeaway

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

Housing Prices in Strum, WI

How much do homes in Strum, WI cost?

Median Sold Price

$247,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$57,500(+30.3%)

Key Takeaway

Homes in Strum have sold for 30.3% more than they did a year ago.

Summary: The median home sold price in Strum was $247,500 in September 2024, up 30.3% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$112.5K
N/A
2 $119K$146.7K
+23.3%
3 $190K$217K
+14.2%
4 $517.5K$300K
-42.0%
5+ -$415K
N/A

Summary: Strum housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 42%, and 5+ bedroom homes did not change.

Housing Supply in Strum, WI

How many homes are available in Strum, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1518+20.0%

Summary: The Strum real estate market had 18 homes for sale in September 2024, a 20.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 811
+37.5%
4 53
-40.0%
5+ 00
0.0%

Summary: The Strum housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strum, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Strum in September 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Strum, WI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Strum has remained consistent over time.

Summary: During September 2024, 7 homes were sold in Strum; 0% of homes were sold within 30 days, 29% 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 3 Days Ago

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