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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Capitol is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Capitol has remained a Seller's Market.

Key Takeaway

Capitol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Capitol, WI

How much do homes in Capitol, WI cost?

Median Sold Price

$516,500

$401/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$76,600(+17.4%)

Key Takeaway

Homes in Capitol have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Capitol was $516,500 in September 2024, up 17.4% from last year, and the median price per square foot was $401.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $324.9K$325.5K
0.2%
2 $527.5K$595K
+12.8%
3 $959K$677.5K
-29.4%
4 $1.2M-
N/A
5+ -$795K
N/A

Summary: Capitol housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Marquette
+26.4%
Capitol
+17.4%

Housing Supply in Capitol, WI

How many homes are available in Capitol, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3428-17.6%

Summary: The Capitol real estate market had 28 homes for sale in September 2024, a 17.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 107
-30.0%
2 1916
-15.8%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Capitol housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Capitol, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Capitol in September 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Capitol, 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 Sep 1, 2024

Newest Listings in Capitol, WI

Nearby Markets to Capitol, WI