Is Wausau, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Wausau has remained a Seller's Market.
Key Takeaway
Wausau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wausau, WI
How much do homes in Wausau, WI cost?
Median Sold Price
$285,000
$135/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Wausau have sold for 39% more than they did a month ago.
Summary: The median home sold price in Wausau was $285,000 in April 2024, up 39% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.9K | - | N/A |
| 2 Bedrooms | $149.9K | $168K | +12.1% |
| 3 Bedrooms | $200K | $243.7K | +21.9% |
| 4 Bedrooms | $255K | $388K | +52.2% |
| 5+ Bedrooms | $340K | $720K | +111.8% |
Summary: Wausau housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes increased by 111.8%.
Median Sold Price Compared To Nearby Cities
| Stettin | $260K | $547.4K | +110.6% |
| Wausau | $205K | $285K | +39.0% |
| Maine | $395.7K | $371.3K | -6.2% |
| Rib Mountain | $376.2K | $347K | -7.8% |
Housing Supply in Wausau, WI
How many homes are available in Wausau, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 143 | 149 | +4.2% |
Summary: The Wausau real estate market had 149 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 62 | 66 | +6.5% |
| 4 Bedrooms | 45 | 45 | 0.0% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Wausau housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wausau, you could pay more than the asking price. 51% of homes here sold above asking price last month.
Summary: A total of 51 homes were sold or pending in Wausau in April 2024, up by 18.6% month-over-month. Of the 51 sold homes, 33% were sold under asking, 16% were sold at asking, and 51% were sold over asking.
Days on Market for Wausau, WI
We’re sorry, we don't have information for this market at the moment
