Is Trevor, 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, Trevor has remained a Seller's Market.
Key Takeaway
Trevor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trevor, WI
How much do homes in Trevor, WI cost?
Median Sold Price
$310,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Trevor have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Trevor was $310,000 in May 2024, down 7.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $165K | +3.1% |
| 2 Bedrooms | $222.4K | $197K | -11.4% |
| 3 Bedrooms | $315K | $326.2K | +3.6% |
| 4 Bedrooms | $405K | $352K | -13.1% |
| 5+ Bedrooms | $740K | $573K | -22.6% |
Summary: Trevor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 22.6%.
Median Sold Price Compared To Nearby Cities
| Silver Lake | $272K | $315K | +15.8% |
| Antioch Township | $275.1K | $285.3K | +3.7% |
| Antioch | $315K | $315.6K | 0.2% |
| Salem | $335K | $324K | -3.3% |
| Trevor | $336K | $310K | -7.7% |
Housing Supply in Trevor, WI
How many homes are available in Trevor, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Summary: The Trevor real estate market had 27 homes for sale in May 2024, a 22.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 3 | 8 | +166.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Trevor 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 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 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 Trevor, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Trevor in May 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Trevor, WI
How long does it take to sell a home in Trevor, WI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 42 Days | 16 Days | -61.9% |
Summary: Homes in Trevor had an average of 16 days on market in May 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Trevor are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Trevor; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
