Is Stephenson, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stephenson has remained a Seller's Market.
Key Takeaway
Stephenson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stephenson, WI
How much do homes in Stephenson, WI cost?
Median Sold Price
$220,000
$170/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Stephenson has remained the same since last year.
Summary: The median home sold price in Stephenson was $220,000 in May 2024, the same as last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $231K | - | N/A |
| 2 Bedrooms | $211.6K | $202.5K | -4.3% |
| 3 Bedrooms | $215K | $265K | +23.3% |
| 4 Bedrooms | $296.9K | $250K | -15.8% |
| 5+ Bedrooms | - | $424.9K | N/A |
Summary: Stephenson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 23.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stephenson | $220K | $220K | 0.0% |
| Crivitz | $224.5K | $212.5K | -5.3% |
| Beaver | $220K | $202K | -8.2% |
| Middle Inlet | $259.9K | $211.9K | -18.4% |
Housing Supply in Stephenson, WI
How many homes are available in Stephenson, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 33 | +50.0% |
Summary: The Stephenson real estate market had 33 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 15 | +50.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stephenson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stephenson, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Stephenson in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Stephenson, WI
We’re sorry, we don't have information for this market at the moment
