Is Wood County, 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, Wood County has remained a Seller's Market.
Key Takeaway
Wood County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wood County, WI
How much do homes in Wood County, WI cost?
Median Sold Price
$215,000
$126/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Wood County have sold for 25.4% more than they did a month ago.
Summary: The median home sold price in Wood County was $215,000 in March 2024, up 25.4% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.9K | $92K | +2.3% |
| 2 Bedrooms | $135K | $133K | -1.5% |
| 3 Bedrooms | $206K | $215K | +4.3% |
| 4 Bedrooms | $251.7K | $298.1K | +18.4% |
| 5+ Bedrooms | $365K | $409K | +12.1% |
Summary: Wood County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Counties
| Wood County | $171.5K | $215K | +25.4% |
| Portage County | $245K | $260K | +6.1% |
| Marathon County | $225K | $230K | +2.2% |
| Adams County | $266.8K | $178K | -33.3% |
| Juneau County | $304.5K | $181K | -40.6% |
Housing Supply in Wood County, WI
How many homes are available in Wood County, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 224 | 256 | +14.3% |
Summary: The Wood County real estate market had 256 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 42 | 46 | +9.5% |
| 3 Bedrooms | 108 | 125 | +15.7% |
| 4 Bedrooms | 52 | 62 | +19.2% |
| 5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Wood County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 67 | +55.8% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wood County, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Wood County in March 2024, up by 55.8% month-over-month. Of the 67 sold homes, 51% were sold under asking, 21% were sold at asking, and 28% were sold over asking.
Days on Market for Wood County, WI
We’re sorry, we don't have information for this market at the moment
