Is Sawyer County, 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, Sawyer County has remained a Seller's Market.
Key Takeaway
Sawyer County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sawyer County, WI
How much do homes in Sawyer County, WI cost?
Median Sold Price
$329,450
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sawyer County have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in Sawyer County was $329,450 in May 2024, down 8.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $142.5K | +5.6% |
| 2 Bedrooms | $342K | $235K | -31.3% |
| 3 Bedrooms | $352K | $364K | +3.4% |
| 4 Bedrooms | $651.1K | $437.5K | -32.8% |
| 5+ Bedrooms | $675K | $1.6M | +138.5% |
Summary: Sawyer County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 32.8%, and 5+ bedroom homes increased by 138.5%.
Median Sold Price Compared To Nearby Counties
| Washburn County | $290K | $344K | +18.6% |
| Bayfield County | $275K | $280K | +1.8% |
| Sawyer County | $360K | $329.4K | -8.5% |
| Rusk County | $227K | $190K | -16.3% |
Housing Supply in Sawyer County, WI
How many homes are available in Sawyer County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 178 | 206 | +15.7% |
Summary: The Sawyer County real estate market had 206 homes for sale in May 2024, a 15.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 14 | +55.6% |
| 2 Bedrooms | 47 | 48 | +2.1% |
| 3 Bedrooms | 63 | 74 | +17.5% |
| 4 Bedrooms | 37 | 42 | +13.5% |
| 5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Sawyer County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 55.6%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 42 | +100.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sawyer County, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Sawyer County in May 2024, up by 100.0% month-over-month. Of the 42 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Sawyer County, WI
How long does it take to sell a home in Sawyer County, WI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 42 Days | 57 Days | +34.1% |
Summary: Homes in Sawyer County had an average of 57 days on market in May 2024, up by 34.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sawyer County has remained consistent over time.
Summary: During May 2024, 42 homes were sold in Sawyer County; 2% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
