Is Chippewa 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, Chippewa County has remained a Seller's Market.
Key Takeaway
Chippewa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chippewa County, WI
How much do homes in Chippewa County, WI cost?
Median Sold Price
$337,750
$150/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Chippewa County have sold for 35.1% more than they did a month ago.
Summary: The median home sold price in Chippewa County was $337,750 in April 2024, up 35.1% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $133K | N/A |
| 2 Bedrooms | $175K | $222.4K | +27.1% |
| 3 Bedrooms | $250K | $290K | +16.0% |
| 4 Bedrooms | $265K | $342.4K | +29.2% |
| 5+ Bedrooms | $305.1K | $572.4K | +87.6% |
Summary: Chippewa County 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 increased by 27.1%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 87.6%.
Median Sold Price Compared To Nearby Counties
| Chippewa County | $250K | $337.7K | +35.1% |
| Clark County | $200K | $162.5K | -18.7% |
Housing Supply in Chippewa County, WI
How many homes are available in Chippewa County, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 227 | 263 | +15.9% |
Summary: The Chippewa County real estate market had 263 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 41 | 49 | +19.5% |
| 3 Bedrooms | 89 | 99 | +11.2% |
| 4 Bedrooms | 65 | 79 | +21.5% |
| 5+ Bedrooms | 27 | 30 | +11.1% |
Summary: The Chippewa County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 51 | +27.5% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chippewa County, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Chippewa County in April 2024, up by 27.5% month-over-month. Of the 51 sold homes, 49% were sold under asking, 22% were sold at asking, and 29% were sold over asking.
Days on Market for Chippewa County, WI
How long does it take to sell a home in Chippewa County, WI?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 25 Days | -59.4% |
Summary: Homes in Chippewa County had an average of 25 days on market in Apr 2024, down by 59.4% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chippewa County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 51 homes were sold in Chippewa County; 8% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
