Is Bayfield County, 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, Bayfield County has remained a Buyer's Market.
Housing Prices in Bayfield County, WI
How much do homes in Bayfield County, WI cost?
Median Sold Price
$280,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bayfield County was $280,000 in April 2024, down 14.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $210K | +133.3% |
2 Bedrooms | $275K | $247.5K | -10.0% |
3 Bedrooms | $350K | $303K | -13.4% |
4 Bedrooms | $310K | $350K | +12.9% |
5+ Bedrooms | $2.6M | $320K | -87.7% |
Summary: Bayfield County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 133.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 87.7%.
Median Sold Price Compared To Nearby Counties
Douglas County | $219K | $218.9K | 0% |
Bayfield County | $329K | $280K | -14.9% |
Ashland County | $264K | $200K | -24.2% |
Housing Supply in Bayfield County, WI
How many homes are available in Bayfield County, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 125 | +31.6% |
Summary: The Bayfield County real estate market had 125 homes for sale in April 2024, a 31.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 13 | +44.4% |
2 Bedrooms | 20 | 30 | +50.0% |
3 Bedrooms | 36 | 51 | +41.7% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Bayfield County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Bayfield County in April 2024, up by 40.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Bayfield County, WI
We’re sorry, we don't have information for this market at the moment