Is Two Rivers, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Two Rivers has remained a Seller's Market.
Key Takeaway
Two Rivers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Two Rivers, WI
How much do homes in Two Rivers, WI cost?
Median Sold Price
$170,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Two Rivers have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Two Rivers was $170,000 in March 2024, up 9.7% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | $95K | +31.0% |
| 2 Bedrooms | $116.5K | $149.9K | +28.7% |
| 3 Bedrooms | $159.9K | $172.5K | +7.9% |
| 4 Bedrooms | $201K | $266K | +32.3% |
| 5+ Bedrooms | $155K | $231K | +49.0% |
Summary: Two Rivers housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 28.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes increased by 49%.
Median Sold Price Compared To Nearby Cities
| Manitowoc | $182K | $200K | +9.9% |
| Two Rivers | $155K | $170K | +9.7% |
Housing Supply in Two Rivers, WI
How many homes are available in Two Rivers, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 47 | +11.9% |
Summary: The Two Rivers real estate market had 47 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Two Rivers 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 increased by 13.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Two Rivers, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Two Rivers in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Two Rivers, WI
We’re sorry, we don't have information for this market at the moment
