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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sturtevant is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Sturtevant, WI

How much do homes in Sturtevant, WI cost?

Median Sold Price

$260,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$25,500(+10.9%)

Key Takeaway

Homes in Sturtevant have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Sturtevant was $260,000 in May 2024, up 10.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$144.9K
N/A
2 $216.9K$213.1K
-1.7%
3 $265K$269.7K
+1.8%
4 $369.9K$290K
-21.6%
5+ -$395K
N/A

Summary: Sturtevant 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 1.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+11.3%
Sturtevant
+10.9%

Housing Supply in Sturtevant, WI

How many homes are available in Sturtevant, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1520+33.3%

Summary: The Sturtevant real estate market had 20 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 76
-14.3%
4 47
+75.0%
5+ 01
+100.0%

Summary: The Sturtevant housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sturtevant, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Sturtevant in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Sturtevant, 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 17 Days Ago

Newest Listings in Sturtevant, WI

Nearby Markets to Sturtevant, WI

What housing markets are near Sturtevant, WI?