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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sumner is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sumner has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sumner, WI

How much do homes in Sumner, WI cost?

Median Sold Price

$245,000

$162/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$54,900(-18.3%)

Key Takeaway

Homes in Sumner have sold for 18.3% less than they did a month ago.

Summary: The median home sold price in Sumner was $245,000 in September 2024, down 18.3% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $299.9K$245K
-18.3%
4 --
N/A
5+ --
N/A

Summary: Sumner housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Osseo
-15.7%
Sumner
-18.3%
Garfield
-57.8%

Housing Supply in Sumner, WI

How many homes are available in Sumner, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
32-33.3%

Summary: The Sumner real estate market had 2 homes for sale in September 2024, a 33.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sumner, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Days on Market for Sumner, 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 3 Days Ago

Newest Listings in Sumner, WI

Nearby Markets to Sumner, WI