Is Pierce 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, Pierce County has remained a Seller's Market.
Key Takeaway
Pierce County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pierce County, WI
How much do homes in Pierce County, WI cost?
Median Sold Price
$349,633
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pierce County have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Pierce County was $349,633 in April 2024, up 6.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $140K | -20.0% |
| 2 Bedrooms | $239.5K | $294.5K | +23.0% |
| 3 Bedrooms | $325K | $325K | 0.0% |
| 4 Bedrooms | $365K | $425K | +16.4% |
| 5+ Bedrooms | $482K | $450K | -6.6% |
Summary: Pierce County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 23%, 3 bedroom homes did not change, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Counties
| Pierce County | $327.2K | $349.6K | +6.8% |
| Saint Croix County | $364.9K | $374.7K | +2.7% |
| Goodhue County | $287.3K | $291.9K | +1.6% |
| Washington County | $413.6K | $410.3K | -0.8% |
| Pepin County | $231.9K | $225K | -3.0% |
Housing Supply in Pierce County, WI
How many homes are available in Pierce County, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 263 | 293 | +11.4% |
Summary: The Pierce County real estate market had 293 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 43 | 46 | +7.0% |
| 3 Bedrooms | 128 | 140 | +9.4% |
| 4 Bedrooms | 73 | 85 | +16.4% |
| 5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Pierce County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pierce County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in Pierce County in April 2024, up by 13.2% month-over-month. Of the 60 sold homes, 58% were sold under asking, 18% were sold at asking, and 23% were sold over asking.
Days on Market for Pierce County, WI
How long does it take to sell a home in Pierce County, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 75 Days | +53.9% |
Summary: Homes in Pierce County had an average of 75 days on market in Apr 2024, up by 53.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pierce County has remained consistent over time.
Summary: During April 2024, 60 homes were sold in Pierce County; 22% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
