#1899328, Christopher Michala, Listing Office: Standard Real Estate Services, LLC
Cable Housing Market Report December 2024•Bayfield County, Wisconsin
Housing Prices in Cable, WI
How much do homes in Cable, WI cost?
Housing Market Conditions
Is Cable, WI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cable is a Buyer's Market
Difference Since November 2024
Last month, Cable was a Seller's Market.
Insight
Cable is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,150,000$467/SqFt
+$742,500
+182.2%
Based on all homes sold in December 2024
Insight
Homes in Cable have sold for 182.2% more than they did a month ago.
Summary: The median home sold price in Cable was $1,150,000 in December 2024, up 182.2% from last month, and the median price per square foot was $467.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Cable | $407.5K | $1.1M | +182.2% |
| Grandview | $869.5K | $1.1M | +32.3% |
| Drummond | $282.5K | $200K | -29.2% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | - | - | N/A |
| 11 Bedroom | - | - | N/A |
| 33 Bedrooms | $332.5K | $1.1M | +245.9% |
| 44 Bedrooms | $905K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Cable housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes did not change. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes increased by +245.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Cable, WI
How many homes are available in Cable, WI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthDec 2024 | ||
| 212 months agoNov 2024 | -19.0 % Change MoMNov – Dec |
Summary: The Cable real estate market had 17 homes for sale in Dec 2024, a 19.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthDec 2024 | ||
| 42 months agoNov 2024 | -50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 2 | 2 | 0.0% |
| 11 Bedroom | 2 | 2 | 0.0% |
| 33 Bedrooms | 12 | 10 | -16.7% |
| 44 Bedrooms | 4 | 2 | -50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Cable housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Cable, WI cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price0 Home
Insight
If you're buying a home in Cable, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Cable in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Cable, WI
How long does it take to sell a home in Cable, WI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Cable are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Cable; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 5 DaysLast MonthDec 2024 | ||
| 0 Days1 month agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: Homes in Cable had an average listing age of 5 days in Dec 2024, down by .0% compared to the previous month.
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Newest Listings in Cable, WI
What homes are available in Cable, WI?
$6,531 Closing Credit¹
#1586752, Alex Dempsey, Listing Office: eXp Realty LLC
$2,363 Closing Credit¹
#1586714, Katie Barningham, Listing Office: Windseeker Realty
$4,560 Closing Credit¹
#1586042, Katie Barningham, Listing Office: Windseeker Realty
#1585744, Dave Reichert, Listing Office: Camp David Realty
#1585634, Scott McKinney, Listing Office: McKinney Realty LLC
$4,560 Closing Credit¹
#6115440, Katie Barningham, Listing Office: Coldwell Banker Realty - Duluth
$10,000 Closing Credit¹
#1584527, Scott McKinney, Listing Office: McKinney Realty LLC
$7,944 Closing Credit¹
#1584281, Dave Reichert, Listing Office: Camp David Realty
$5,926 Closing Credit¹
#1583538, Mary Rufledt, Listing Office: Elite Realty Group, LLC
$5,926 Closing Credit¹
Listing Office: Elite Realty Group, LLC
#1583536, Scott McKinney, Listing Office: McKinney Realty LLC
Nearby markets
Nearby markets aren't available for Cable, WI
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Based on information from Wisconsin Real Estate Exchange, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. 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.
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.
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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.