Is Douglas 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, Douglas County has remained a Seller's Market.
Key Takeaway
Douglas County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglas County, WI
How much do homes in Douglas County, WI cost?
Median Sold Price
$218,900
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Douglas County has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $148K | +22.3% |
| 2 Bedrooms | $186.1K | $185K | -0.6% |
| 3 Bedrooms | $240K | $234.8K | -2.2% |
| 4 Bedrooms | $260K | $275K | +5.8% |
| 5+ Bedrooms | $355.5K | $285K | -19.8% |
Summary: Douglas County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 19.8%.
Median Sold Price Compared To Nearby Counties
| Washburn County | $290K | $325K | +12.1% |
| Pine County | $238K | $261.7K | +10.0% |
| Douglas County | $219K | $218.9K | 0% |
| Bayfield County | $329K | $280K | -14.9% |
Housing Supply in Douglas County, WI
How many homes are available in Douglas County, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 150 | 160 | +6.7% |
Summary: The Douglas County real estate market had 160 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 47 | 36 | -23.4% |
| 3 Bedrooms | 67 | 82 | +22.4% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Douglas County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.4%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 29 | -46.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas County, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Douglas County in April 2024, down by 46.3% month-over-month. Of the 26 sold homes, 35% were sold under asking, 4% were sold at asking, and 62% were sold over asking.
Days on Market for Douglas County, WI
How long does it take to sell a home in Douglas County, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 4 Days | -88.0% |
Summary: Homes in Douglas County had an average of 4 days on market in Apr 2024, down by 88% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglas County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 29 homes were sold in Douglas County; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
