Is Sugar Creek, 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, Sugar Creek has remained a Seller's Market.
Key Takeaway
Sugar Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugar Creek, WI
How much do homes in Sugar Creek, WI cost?
Median Sold Price
$375,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sugar Creek have sold for 26.1% more than they did a year ago.
Summary: The median home sold price in Sugar Creek was $375,000 in April 2024, up 26.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80.5K | - | N/A |
| 2 Bedrooms | $283K | $305K | +7.8% |
| 3 Bedrooms | $293.5K | $375K | +27.8% |
| 4 Bedrooms | $365K | $570K | +56.2% |
| 5+ Bedrooms | $545K | $2.1M | +294.6% |
Summary: Sugar Creek 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 7.8%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 56.2%, and 5+ bedroom homes increased by 294.6%.
Median Sold Price Compared To Nearby Cities
| Troy | $370K | $525K | +41.9% |
| Sugar Creek | $297.5K | $375K | +26.1% |
| Elkhorn | $310K | $370K | +19.4% |
| La Grange | $512.4K | $499.9K | -2.4% |
Housing Supply in Sugar Creek, WI
How many homes are available in Sugar Creek, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Summary: The Sugar Creek real estate market had 18 homes for sale in April 2024, a 38.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sugar Creek 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Creek, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sugar Creek in April 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Sugar Creek, WI
We’re sorry, we don't have information for this market at the moment
