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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sturtevant is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Sturtevant has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sturtevant, WI

How much do homes in Sturtevant, WI cost?

Median Sold Price

$260,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$20,000(+8.3%)

Key Takeaway

Homes in Sturtevant have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Sturtevant was $260,000 in February 2024, up 8.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $187.5K$227.8K
+21.5%
3 $265K$267.5K
+0.9%
4 $369.9K$300K
-18.9%
5+ -$395K
N/A

Summary: Sturtevant housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sturtevant
+8.3%
Mount Pleasant
+5.0%

Housing Supply in Sturtevant, WI

How many homes are available in Sturtevant, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1415+7.1%

Summary: The Sturtevant real estate market had 15 homes for sale in February 2024, a 7.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 55
0.0%
3 79
+28.6%
4 21
-50.0%
5+ 00
0.0%

Summary: The Sturtevant 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sturtevant, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Sturtevant in February 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Sturtevant, WI

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

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 Sturtevant are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 5 homes were sold in Sturtevant; 20% 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 27 Days Ago

Newest Listings in Sturtevant, WI

Nearby Markets to Sturtevant, WI

What housing markets are near Sturtevant, WI?