Is Wood County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wood County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wood County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wood County, WI

How much do homes in Wood County, WI cost?

Median Sold Price

$222,000

$125/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$21,500(+10.7%)

Key Takeaway

Homes in Wood County have sold for 10.7% more than they did a month ago.

Summary: The median home sold price in Wood County was $222,000 in April 2024, up 10.7% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $92K-
N/A
2 $126.5K$132.5K
+4.7%
3 $206.2K$234.9K
+13.9%
4 $298.1K$259.9K
-12.8%
5+ $409K$760K
+85.8%

Summary: Wood County 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 4.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 85.8%.

Median Sold Price Compared To Nearby Counties

Marathon County
+23.4%
Wood County
+10.7%
Adams County
-11.0%

Housing Supply in Wood County, WI

How many homes are available in Wood County, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
264315+19.3%

Summary: The Wood County real estate market had 315 homes for sale in April 2024, a 19.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 5156
+9.8%
3 127156
+22.8%
4 6276
+22.6%
5+ 2325
+8.7%

Summary: The Wood County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7381+11.0%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wood County, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Wood County in April 2024, up by 11.0% month-over-month. Of the 81 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for Wood County, 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 3 Days Ago

Newest Listings in Wood County, WI

Nearby Markets to Wood County, WI

What housing markets are near Wood County, WI?