Is Southeast, 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, Southeast has remained a Seller's Market.
Key Takeaway
Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast, WI
How much do homes in Southeast, WI cost?
Median Sold Price
$266,583
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Southeast have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Southeast was $266,583 in April 2024, up 4.5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | $172.5K | -9.2% |
| 2 Bedrooms | $205K | $225K | +9.8% |
| 3 Bedrooms | $265K | $270.7K | +2.2% |
| 4 Bedrooms | $295K | $322.5K | +9.3% |
| 5+ Bedrooms | $326.1K | $412K | +26.3% |
Summary: Southeast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 26.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Fernwood | $305K | $336K | +10.2% |
| Southeast | $255K | $266.5K | +4.5% |
| Bay View | $290K | $295K | +1.7% |
| Tippecanoe | $260K | $260K | 0.0% |
Housing Supply in Southeast, WI
How many homes are available in Southeast, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 108 | 102 | -5.6% |
Summary: The Southeast real estate market had 102 homes for sale in April 2024, a 5.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 17 | 22 | +29.4% |
| 3 Bedrooms | 66 | 55 | -16.7% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Southeast housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 32 | -31.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast, you could pay more than the asking price. 78.1% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in Southeast in April 2024, down by 31.9% month-over-month. Of the 32 sold homes, 13% were sold under asking, 9% were sold at asking, and 78% were sold over asking.
Days on Market for Southeast, WI
We’re sorry, we don't have information for this market at the moment
