Is Wescott, 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, Wescott has remained a Seller's Market.
Key Takeaway
Wescott is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wescott, WI
How much do homes in Wescott, WI cost?
Median Sold Price
$240,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wescott have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Wescott was $240,000 in May 2024, up 7.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183.5K | $163.7K | -10.8% |
| 3 Bedrooms | $222.5K | $222K | -0.2% |
| 4 Bedrooms | $262.5K | $435K | +65.7% |
| 5+ Bedrooms | $446K | $520K | +16.6% |
Summary: Wescott 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 10.8%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 65.7%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Cities
| Washington | $183K | $236K | +29.0% |
| Shawano | $177K | $200K | +13.0% |
| Wescott | $222.5K | $240K | +7.9% |
Housing Supply in Wescott, WI
How many homes are available in Wescott, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Wescott real estate market had 19 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wescott 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wescott, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wescott in May 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Wescott, WI
We’re sorry, we don't have information for this market at the moment
