Is Wausau, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Wausau has remained a Seller's Market.
Housing Prices in Wausau, WI
How much do homes in Wausau, WI cost?
Median Sold Price
$194,912
$136/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Wausau was $194,912 in February 2024, down 4.9% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $114K | $122.4K | +7.4% |
3 Bedrooms | $200K | $161K | -19.5% |
4 Bedrooms | $285K | $247.5K | -13.2% |
5+ Bedrooms | $205K | $445K | +117.1% |
Summary: Wausau housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 117.1%.
Median Sold Price Compared To Nearby Cities
Rib Mountain | $265K | $445K | +67.9% |
Wausau | $205K | $194.9K | -4.9% |
Housing Supply in Wausau, WI
How many homes are available in Wausau, WI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
113 | 115 | +1.8% |
Summary: The Wausau real estate market had 115 homes for sale in February 2024, a 1.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 48 | 48 | 0.0% |
4 Bedrooms | 34 | 34 | 0.0% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Wausau housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
35 | 24 | -31.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Wausau in February 2024, down by 31.4% month-over-month. Of the 24 sold homes, 58% were sold under asking, 4% were sold at asking, and 38% were sold over asking.
Days on Market for Wausau, WI
We’re sorry, we don't have information for this market at the moment