Barnes Housing Market Report December 2024•Bayfield County, Wisconsin

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Housing Prices in Barnes, WI

How much do homes in Barnes, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$407,000$271/SqFt
+$178,500
+78.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Barnes has increased by 78.1% since last year.

Summary: The median home list price in Barnes was $407,000 in December 2024, up 78.1% from the previous year, and the median price per square foot was $271.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Barnes
+78.1%
Highland
+49.4%
Drummond
+19.8%
Delta
+9.5%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$70K$165K
+135.7%
3$625K$569.4K
-8.9%
4--
N/A
2$229.9K$255K
+10.9%
5$209.9K$2.3M
+995.8%

Summary: Barnes housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +135.7%. The home price for 3 bedroom homes decreased by -8.9%. The home price for 4 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.9%. The home price for 5 bedroom homes increased by +995.8%.

Housing supply in Barnes, WI

How many homes are available in Barnes, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthDec 2024
62 months agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: The Barnes real estate market had 6 homes for sale in Dec 2024, the same as Nov 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
355
0.0%
400
0.0%
200
0.0%
511
0.0%

Summary: Barnes housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Barnes, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Barnes, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Barnes in December 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.

Days on Market for Barnes, WI

How long does it take to sell a home in Barnes, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
98 DaysThis YearDec 2024
111 Days1 year agoDec 2023
-12.1 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Barnes had an average listing age of 98 days in Dec 2024, down by 12.1% compared to the previous year.

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Newest Listings in Barnes, WI

What homes are available in Barnes, WI?

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/18/2025, 4:24:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.