Median Home Price in Wood County Down this November Compared to November 2023

Monday, December 16th, 2024 -- 10:01 AM

(USA TODAY Network) The median home in Wood County listed for $274,900 in November, down 1.6% from the previous month's $279,450, an analysis of data from Realtor.com shows.

According to USA TODAY Network, compared to November 2023, the median home list price increased 10% from $249,900. The statistics in this article only pertain to houses listed for sale in Wood County, not houses that were sold.

Information on your local housing market, along with other useful community data, is available at data.jsonline.com. Wood County's median home was 1,894 square feet, listed at $138 per square foot.

The price per square foot of homes for sale is up 4.7% from November 2023. Listings in Wood County moved briskly, at a median 47 days listed compared to the November national median of 62 days on the market.

In the previous month, homes had a median of 46 days on the market. Around 44 homes were newly listed on the market in November, a 12% decrease from 50 new listings in November 2023. The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes.

The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales. In Wisconsin, median home prices were $369,900, a slight decrease from October.

The median Wisconsin home listed for sale had 1,776 square feet, with a price of $202 per square foot. Throughout the United States, the median home price was $416,880, a slight decrease from the month prior.

The median American home for sale was listed at 1,821 square feet, with a price of $224 per square foot. The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time.

Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

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