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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tomah is a seller's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Tomah was a Neutral Market.

Key Takeaway

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

How much do homes in Tomah, WI cost?

Median Sold Price

$185,000

$122/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2021.

Key Takeaway

The sold price of homes in Tomah has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $180K$132.5K
-26.4%
3 $177K$180K
+1.7%
4 $219.9K$229.2K
+4.2%
5+ -$349.4K
N/A

How many homes are available in Tomah, WI?

Number of Homes For Sale

Oct 2022Nov 2022%
2926-10.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 96
-33.3%
3 1010
0.0%
4 99
0.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tomah, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Tomah has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tomah, WI

Number of homes for sale in Tomah, WI real estate market have reached 26. In November 2022 in Tomah, WI there were 10.3% less homes for sale than in October 2022. Listings spent 38 days on the market in November 2022, and had a median list price of $185,000 during the same period. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 26.4% more cheaper, prices of 3 bedrooms properties increased by 1.7%, 4 bedrooms properties prices increased by 4.2%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 33.3%, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes stayed the same. In November 2022 more than 2 listings in Tomah, WI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.