$2,316 Closing Credit*
$195,000
1,867 SqFt
3 Beds
•1 Full Bath, 2 Partial
#22404375, ALISSA PRENTICE, Listing Office: EXIT MIDSTATE REALTY
Is Wausau, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Wausau has remained a Seller's Market.
Key Takeaway
Wausau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wausau, WI
How much do homes in Wausau, WI cost?
Median Sold Price
$218,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$8,100(+3.8%)
Key Takeaway
Homes in Wausau have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Wausau was $218,500 in August 2024, up 3.8% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.9K | $109.9K | +57.2% |
| 2 Bedrooms | $145K | $149K | +2.8% |
| 3 Bedrooms | $207K | $205K | -1.0% |
| 4 Bedrooms | $275.5K | $281.5K | +2.2% |
| 5+ Bedrooms | $391K | $430K | +10.0% |
Summary: Wausau housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.2%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Schofield | $249.9K | $265K | +6.0% |
| Wausau | $210.4K | $218.5K | +3.8% |
| Rib Mountain | $310K | $294K | -5.2% |
Housing Supply in Wausau, WI
How many homes are available in Wausau, WI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 206 | 197 | -4.4% |
Summary: The Wausau real estate market had 197 homes for sale in August 2024, a 4.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 100 | 101 | +1.0% |
| 4 Bedrooms | 60 | 54 | -10.0% |
| 5+ Bedrooms | 25 | 15 | -40.0% |
Summary: The Wausau housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 64 | 61 | -4.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wausau, you could pay more than the asking price. 52.5% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in Wausau in August 2024, down by 4.7% month-over-month. Of the 61 sold homes, 30% were sold under asking, 18% were sold at asking, and 52% were sold over asking.
Days on Market for Wausau, WI
We’re sorry, we don't have information for this market at the moment
