Is Sugar Creek, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Creek is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Sugar Creek was a Seller's Market.

Key Takeaway

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

Housing Prices in Sugar Creek, WI

How much do homes in Sugar Creek, WI cost?

Median Sold Price

$375,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$80,000(+27.1%)

Key Takeaway

Homes in Sugar Creek have sold for 27.1% more than they did a year ago.

Summary: The median home sold price in Sugar Creek was $375,000 in March 2024, up 27.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $65K$96K
+47.7%
2 $275K$360K
+30.9%
3 $292K$377.5K
+29.3%
4 $390K$525K
+34.6%
5+ $545K$2.1M
+294.6%

Summary: Sugar Creek housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.7%, 2 bedroom homes increased by 30.9%, 3 bedroom homes increased by 29.3%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes increased by 294.6%.

Median Sold Price Compared To Nearby Cities

Sugar Creek
+27.1%
Elkhorn
+15.9%
Troy
+5.8%
La Grange
-9.5%

Housing Supply in Sugar Creek, WI

How many homes are available in Sugar Creek, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1113+18.2%

Summary: The Sugar Creek real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 35
+66.7%
5+ 11
0.0%

Summary: The Sugar Creek 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
41-75.0%

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 Sugar Creek, 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 Sugar Creek in March 2024, down by 75.0% month-over-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 Sugar Creek, 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 24 Days Ago

Newest Listings in Sugar Creek, WI

Nearby Markets to Sugar Creek, WI

What housing markets are near Sugar Creek, WI?