Is Mayville, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mayville has remained a Seller's Market.
Key Takeaway
Mayville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mayville, WI
How much do homes in Mayville, WI cost?
Median Sold Price
$247,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mayville have sold for 28% more than they did a year ago.
Summary: The median home sold price in Mayville was $247,000 in May 2024, up 28% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $180K | +20.0% |
| 3 Bedrooms | $225K | $255.5K | +13.6% |
| 4 Bedrooms | $213K | $293.5K | +37.8% |
| 5+ Bedrooms | $202.5K | $499.9K | +146.9% |
Summary: Mayville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes increased by 146.9%.
Housing Supply in Mayville, WI
How many homes are available in Mayville, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 31 | 0.0% |
Summary: The Mayville real estate market had 31 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Mayville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mayville, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Mayville in May 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Mayville, WI
We’re sorry, we don't have information for this market at the moment
