Is McFarland, 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, McFarland has remained a Buyer's Market.
Housing Prices in McFarland, WI
How much do homes in McFarland, WI cost?
Median Sold Price
$428,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in McFarland was $428,000 in April 2024, up 5.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $331.6K | $365K | +10.1% |
3 Bedrooms | $405.5K | $413.5K | +2.0% |
4 Bedrooms | $420K | $512.5K | +22.0% |
5+ Bedrooms | $650K | $575K | -11.5% |
Summary: McFarland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 22%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
Madison | $294K | $390.3K | +32.8% |
Mc Farland | $405.5K | $430K | +6.0% |
McFarland | $405.5K | $428K | +5.5% |
Housing Supply in McFarland, WI
How many homes are available in McFarland, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 57 | +9.6% |
Summary: The McFarland real estate market had 57 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The McFarland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in McFarland in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for McFarland, WI
We’re sorry, we don't have information for this market at the moment