Is Menomonie, 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, Menomonie has remained a Seller's Market.
Housing Prices in Menomonie, WI
How much do homes in Menomonie, WI cost?
Median Sold Price
$279,933
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Menomonie was $279,933 in April 2024, down 3.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89K | $97.5K | +9.6% |
2 Bedrooms | $184K | $200K | +8.7% |
3 Bedrooms | $269.9K | $261.2K | -3.2% |
4 Bedrooms | $335K | $355K | +6.0% |
5+ Bedrooms | $350K | $441.5K | +26.1% |
Summary: Menomonie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 26.1%.
Median Sold Price Compared To Nearby Cities
Red Cedar | $385K | $385K | 0.0% |
Menomonie | $289.2K | $279.9K | -3.2% |
Housing Supply in Menomonie, WI
How many homes are available in Menomonie, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 129 | +27.7% |
Summary: The Menomonie real estate market had 129 homes for sale in April 2024, a 27.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 21 | 26 | +23.8% |
3 Bedrooms | 41 | 53 | +29.3% |
4 Bedrooms | 28 | 39 | +39.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Menomonie 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 23.8%, 3 bedroom homes increased by 29.3%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 25 | +78.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Menomonie in April 2024, up by 78.6% month-over-month. Of the 25 sold homes, 40% were sold under asking, 24% were sold at asking, and 36% were sold over asking.
Days on Market for Menomonie, WI
How long does it take to sell a home in Menomonie, WI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 55 Days | -24.9% |
Summary: Homes in Menomonie had an average of 55 days on market in Apr 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Menomonie; 12% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.