Is Danbury, 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, Danbury has remained a Seller's Market.
Key Takeaway
Danbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Danbury, WI
How much do homes in Danbury, WI cost?
Median Sold Price
$296,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Danbury have sold for 14.5% less than they did a year ago.
Summary: The median home sold price in Danbury was $296,000 in April 2024, down 14.5% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $282K | $266.1K | -5.6% |
| 2 Bedrooms | $320K | $225K | -29.7% |
| 3 Bedrooms | $402.5K | $324K | -19.5% |
| 4 Bedrooms | $420K | $455K | +8.3% |
| 5+ Bedrooms | - | $960K | N/A |
Summary: Danbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 29.7%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Housing Supply in Danbury, WI
How many homes are available in Danbury, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 81 | +14.1% |
Summary: The Danbury real estate market had 81 homes for sale in April 2024, a 14.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 13 | 19 | +46.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Danbury housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 19 | +58.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Danbury, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Danbury in April 2024, up by 58.3% month-over-month. Of the 19 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% were sold over asking.
Days on Market for Danbury, WI
How long does it take to sell a home in Danbury, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 48 Days | +79.4% |
Summary: Homes in Danbury had an average of 48 days on market in Apr 2024, up by 79.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Danbury has remained consistent over time.
Summary: During April 2024, 19 homes were sold in Danbury; 11% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
