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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wescott is a neutral's market

Buyer's
Market

Difference Since March 2023

Since last year, Wescott has remained a Neutral Market.

Key Takeaway

Wescott is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wescott, WI

How much do homes in Wescott, WI cost?

Median Sold Price

$245,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$37,550(+18.1%)

Key Takeaway

Homes in Wescott have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in Wescott was $245,000 in March 2024, up 18.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $167K$170K
+1.8%
3 $218K$224K
+2.8%
4 $311.2K$435K
+39.8%
5+ -$483K
N/A

Summary: Wescott housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wescott
+18.1%
Shawano
+15.3%

Housing Supply in Wescott, WI

How many homes are available in Wescott, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1714-17.6%

Summary: The Wescott real estate market had 14 homes for sale in March 2024, a 17.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 63
-50.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Wescott 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 increased by 16.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wescott, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wescott in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wescott, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 23 Days Ago

Newest Listings in Wescott, WI

Nearby Markets to Wescott, WI

What housing markets are near Wescott, WI?