Bruce Housing Market Report December 2024•Rusk County, Wisconsin

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Housing Prices in Bruce, WI

How much do homes in Bruce, WI cost?

Housing Market Conditions

Is Bruce, WI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Bruce is a Buyer's Market

Difference Since November 2024

Last month, Bruce was a Seller's Market.

Insight

Bruce is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$124,900$79/SqFt
-$90,100
-41.9%

Based on all homes sold in December 2024

Insight

Homes in Bruce have sold for 41.9% less than they did a month ago.

Summary: The median home sold price in Bruce was $124,900 in December 2024, down 41.9% from last month, and the median price per square foot was $79.

Median Sold Price By City

Median Sold 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 MoM
Thornapple
-14.4%
Bruce
-41.9%

Median Sold Price By Bedrooms

Median Sold 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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2$240.2K-
N/A
3$204.2K$124.9K
-38.9%
4$215K-
N/A
5--
N/A

Summary: Bruce housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -38.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Bruce, WI

How many homes are available in Bruce, 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
17Last MonthDec 2024
202 months agoNov 2024
-15.0 %
Change MoMNov – Dec

Summary: The Bruce real estate market had 17 homes for sale in Dec 2024, a 15.0 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthDec 2024
72 months agoNov 2024
-85.7 %
Change MoMNov – Dec

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
123
+50.0%
262
-66.7%
398
-11.1%
434
+33.3%
500
0.0%

Summary: Bruce housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -11.1%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Bruce, 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 Price0 Home

Insight

If you're buying a home in Bruce, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Bruce in December 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Bruce, WI

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

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
0 DaysLast MonthDec 2024
36 Days1 month agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: Homes in Bruce had an average listing age of 0 days in Dec 2024, down by .0% compared to the previous month.

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Newest Listings in Bruce, WI

What homes are available in Bruce, WI?

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Nearby markets

Nearby markets aren't available for Bruce, WI

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, for the period 11/01/2024 - 01/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.