Is Fitchburg, 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, Fitchburg has remained a Seller's Market.
Housing Prices in Fitchburg, WI
How much do homes in Fitchburg, WI cost?
Median Sold Price
$415,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fitchburg was $415,000 in May 2024, up 12.2% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $220.5K | +22.5% |
2 Bedrooms | $300.5K | $327.7K | +9.1% |
3 Bedrooms | $399.4K | $419K | +4.9% |
4 Bedrooms | $630.5K | $575K | -8.8% |
5+ Bedrooms | $843K | $682K | -19.1% |
Summary: Fitchburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 19.1%.
Median Sold Price Compared To Nearby Cities
Madison | $318.1K | $395.5K | +24.3% |
Fitchburg | $370K | $415K | +12.2% |
Housing Supply in Fitchburg, WI
How many homes are available in Fitchburg, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
126 | 140 | +11.1% |
Summary: The Fitchburg real estate market had 140 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 45 | 52 | +15.6% |
3 Bedrooms | 42 | 51 | +21.4% |
4 Bedrooms | 32 | 31 | -3.1% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Fitchburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 31 | -11.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Fitchburg in May 2024, down by 11.4% month-over-month. Of the 31 sold homes, 16% were sold under asking, 35% were sold at asking, and 48% were sold over asking.
Days on Market for Fitchburg, WI
We’re sorry, we don't have information for this market at the moment