Is Wisconsin Rapids, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wisconsin Rapids has remained a Seller's Market.
Housing Prices in Wisconsin Rapids, WI
How much do homes in Wisconsin Rapids, WI cost?
Median Sold Price
$170,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wisconsin Rapids was $170,000 in April 2024, up 14.1% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $93.4K | +24.6% |
2 Bedrooms | $120.3K | $129K | +7.2% |
3 Bedrooms | $160K | $175K | +9.4% |
4 Bedrooms | $193K | $230.2K | +19.3% |
5+ Bedrooms | $159.5K | $315K | +97.5% |
Summary: Wisconsin Rapids housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 97.5%.
Median Sold Price Compared To Nearby Cities
Grand Rapids | $240K | $274.9K | +14.5% |
Wisconsin Rapids | $149K | $170K | +14.1% |
Housing Supply in Wisconsin Rapids, WI
How many homes are available in Wisconsin Rapids, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 116 | +9.4% |
Summary: The Wisconsin Rapids real estate market had 116 homes for sale in April 2024, a 9.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 27 | 28 | +3.7% |
3 Bedrooms | 48 | 52 | +8.3% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Wisconsin Rapids housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 36 | +5.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Wisconsin Rapids in April 2024, up by 5.9% month-over-month. Of the 36 sold homes, 36% were sold under asking, 22% were sold at asking, and 42% were sold over asking.
Days on Market for Wisconsin Rapids, WI
We’re sorry, we don't have information for this market at the moment