Is Shawano, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shawano is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Shawano has remained a Seller's Market.

Key Takeaway

Shawano is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shawano, WI

How much do homes in Shawano, WI cost?

Median Sold Price

$199,900

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,900(+12.9%)

Key Takeaway

Homes in Shawano have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Shawano was $199,900 in April 2024, up 12.9% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $65K-
N/A
2 $156K$160K
+2.6%
3 $178.5K$197.9K
+10.9%
4 $206K$226K
+9.7%
5+ $343.5K$256.9K
-25.2%

Summary: Shawano 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 2.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 25.2%.

Median Sold Price Compared To Nearby Cities

Shawano
+12.9%
Wescott
+9.6%

Housing Supply in Shawano, WI

How many homes are available in Shawano, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5058+16.0%

Summary: The Shawano real estate market had 58 homes for sale in April 2024, a 16.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 2028
+40.0%
4 1412
-14.3%
5+ 33
0.0%

Summary: The Shawano 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 15.4%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1116+45.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shawano, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Shawano in April 2024, up by 45.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 6% were sold at asking, and 25% were sold over asking.

Days on Market for Shawano, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Shawano, WI

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