Is Manitowoc County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manitowoc County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Manitowoc County, WI

How much do homes in Manitowoc County, WI cost?

Median Sold Price

$205,071

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,221(+8.0%)

Key Takeaway

Homes in Manitowoc County have sold for 8% more than they did a year ago.

Summary: The median home sold price in Manitowoc County was $205,071 in April 2024, up 8% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $84.5K$106K
+25.4%
2 $145K$164.9K
+13.7%
3 $190K$210K
+10.5%
4 $247.4K$230K
-7.1%
5+ $326.7K$250K
-23.5%

Summary: Manitowoc County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.4%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 23.5%.

Median Sold Price Compared To Nearby Counties

Brown County
+16.7%
Manitowoc County
+8.0%
Sheboygan County
+7.9%
Kewaunee County
+3.8%

Housing Supply in Manitowoc County, WI

How many homes are available in Manitowoc County, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
178195+9.6%

Summary: The Manitowoc County real estate market had 195 homes for sale in April 2024, a 9.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 41
-75.0%
2 3131
0.0%
3 8493
+10.7%
4 4656
+21.7%
5+ 1314
+7.7%

Summary: The Manitowoc County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5349-7.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manitowoc County, you could pay more than the asking price. 55.1% of homes here sold above asking price last month.

Summary: A total of 49 homes were sold or pending in Manitowoc County in April 2024, down by 7.5% month-over-month. Of the 49 sold homes, 22% were sold under asking, 22% were sold at asking, and 55% were sold over asking.

Days on Market for Manitowoc County, 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 3 Days Ago

Newest Listings in Manitowoc County, WI

Nearby Markets to Manitowoc County, WI

What housing markets are near Manitowoc County, WI?