Is Washburn County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washburn County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Washburn County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Washburn County, WI cost?

Median Sold Price

$266,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$18,950(-6.7%)

Key Takeaway

Homes in Washburn County have sold for 6.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $161.7K$160K
-1.1%
2 $239.9K$229K
-4.5%
3 $327.9K$295K
-10.0%
4 $345K$479.2K
+38.9%
5+ $550K$867.5K
+57.7%

Median Sold Price Compared To Nearby Counties

Sawyer County
+30.4%
Burnett County
+21.7%
Barron County
+12.4%
Douglas County
+7.7%
Washburn County
-6.7%

How many homes are available in Washburn County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
217192-11.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 98
-11.1%
2 8261
-25.6%
3 7470
-5.4%
4 3835
-7.9%
5+ 1418
+28.6%

Number of Homes Sold

Sep 2022Oct 2022%
5439-27.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washburn County, you may be able to get a good deal. 41% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
30 Days37 Days+23.7%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Washburn County are selling fast, if you're buying plan to act quickly.

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

About Washburn County, WI

Homes for sale in Washburn County, WI have reached 192. The inventory of homes for sale in Washburn County, WI between September 2022 and October 2022 decreased by 11.5%. In October 2022 median list price was $266,000 and the average listing age was 37 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 1.1% more cheaper, 2 bedrooms properties prices decreased by 4.5%, 3 bedrooms properties became 10% more cheaper, 4 bedrooms properties became 38.9% more expensive, prices of 5 bedrooms properties increased by 57.7%. This housing market inventory have changed: 1 bedroom homes became 11.1% less available, the quantity of 2 bedrooms homes went down by 25.6%, 3 bedrooms homes inventory decreased by 5.4%, the quantity of 4 bedrooms homes went down by 7.9%, number of 5 bedrooms homes increased by 28.6%. Washburn County, WI housing market in October 2022 saw over 11 listings sold above listed price, more than 12 sold at listed price and over 16 sold below.

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