Is Sawyer County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sawyer County was a Neutral Market.
Key Takeaway
Sawyer County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sawyer County, WI
How much do homes in Sawyer County, WI cost?
Median Sold Price
$332,100
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sawyer County have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in Sawyer County was $332,100 in April 2024, down 6.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $139K | -28.7% |
| 2 Bedrooms | $343.4K | $239.5K | -30.3% |
| 3 Bedrooms | $351K | $359.2K | +2.4% |
| 4 Bedrooms | $600K | $428K | -28.7% |
| 5+ Bedrooms | $788K | $1.1M | +39.6% |
Summary: Sawyer County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.7%, 2 bedroom homes decreased by 30.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes increased by 39.6%.
Median Sold Price Compared To Nearby Counties
| Price County | $130.5K | $184K | +41.0% |
| Washburn County | $290K | $325K | +12.1% |
| Sawyer County | $355K | $332.1K | -6.5% |
| Bayfield County | $329K | $280K | -14.9% |
| Rusk County | $238K | $198.5K | -16.6% |
Housing Supply in Sawyer County, WI
How many homes are available in Sawyer County, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 160 | 180 | +12.5% |
Summary: The Sawyer County real estate market had 180 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 45 | 47 | +4.4% |
| 3 Bedrooms | 62 | 65 | +4.8% |
| 4 Bedrooms | 28 | 37 | +32.1% |
| 5+ Bedrooms | 17 | 23 | +35.3% |
Summary: The Sawyer County 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 4.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 35.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 16 | -44.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sawyer County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Sawyer County in April 2024, down by 44.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Sawyer County, WI
We’re sorry, we don't have information for this market at the moment
