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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cable is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Cable was a Seller's Market.

Key Takeaway

Cable 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 Cable, WI

How much do homes in Cable, WI cost?

Median Sold Price

$260,000

$199/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$65,000(-20.0%)

Key Takeaway

Homes in Cable have sold for 20% less than they did a month ago.

Summary: The median home sold price in Cable was $260,000 in April 2024, down 20% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$260K
N/A
2 $325K-
N/A
3 $210K$335K
+59.5%
4 $790K-
N/A
5+ -$200K
N/A

Summary: Cable housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 59.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Drummond
-12.3%
Cable
-20.0%

Housing Supply in Cable, WI

How many homes are available in Cable, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1718+5.9%

Summary: The Cable real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 45
+25.0%
3 67
+16.7%
4 43
-25.0%
5+ 11
0.0%

Summary: The Cable housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cable, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Cable in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Cable, 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 17 Days Ago

Newest Listings in Cable, WI

Nearby Markets to Cable, WI