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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thornapple is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Thornapple, WI

How much do homes in Thornapple, WI cost?

Median Sold Price

$275,000

$162/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$2,000(-0.7%)

Key Takeaway

Homes in Thornapple have sold for 0.7% less than they did a month ago.

Summary: The median home sold price in Thornapple was $275,000 in March 2024, down 0.7% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $277K-
N/A
4 --
N/A
5+ -$275K
N/A

Summary: Thornapple housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bruce
+16.1%
Atlanta
+4.1%
Thornapple
-0.7%

Housing Supply in Thornapple, WI

How many homes are available in Thornapple, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
53-40.0%

Summary: The Thornapple real estate market had 3 homes for sale in March 2024, a 40.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 30
-100.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Thornapple 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 increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

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 Thornapple, 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 Thornapple in March 2024, down by 66.7% month-over-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 Thornapple, 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 28 Days Ago

Newest Listings in Thornapple, WI

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