Is Mc Farland, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mc Farland was a Neutral Market.
Key Takeaway
Mc Farland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Farland, WI
How much do homes in Mc Farland, WI cost?
Median Sold Price
$480,000
$237/sqft
Based on all homes sold in May 2024.
The Median Sold Price hasn't changed since April 2024.
Key Takeaway
The sold price of homes in Mc Farland has remained the same since last month.
Summary: The median home sold price in Mc Farland was $480,000 in May 2024, the same as last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $317K | N/A |
| 3 Bedrooms | $459.9K | $473.7K | +3.0% |
| 4 Bedrooms | $624.8K | $512.5K | -18.0% |
| 5+ Bedrooms | $735K | - | N/A |
Summary: Mc Farland housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 18%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mc Farland | $480K | $480K | 0.0% |
| Dunn | $860K | $474.9K | -44.8% |
Housing Supply in Mc Farland, WI
How many homes are available in Mc Farland, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 58 | 67 | +15.5% |
Summary: The Mc Farland real estate market had 67 homes for sale in May 2024, a 15.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 28 | 31 | +10.7% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mc Farland 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 28.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Farland, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Mc Farland in May 2024, up by 66.7% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Mc Farland, WI
We’re sorry, we don't have information for this market at the moment
