Pierce County Housing Market Report December 2024•Pierce County, Wisconsin

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Housing Prices in Pierce County, WI

How much do homes in Pierce County, WI cost?

Housing Market Conditions

Is Pierce County, 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

Pierce County is a Seller's Market

Difference Since December 2023

Since last year, Pierce County has remained a Seller's Market.

Insight

Pierce County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$360,000$182/SqFt
+$11,918
+3.4%

Based on all homes sold in the last 12 months

Insight

Homes in Pierce County have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Pierce County was $360,000 in December 2024, up 3.4% from last year, and the median price per square foot was $182.

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 YoY
Goodhue County
+13.9%
Saint Croix County
+5.5%
Pierce County
+3.4%
Washington County
+2.6%
Pepin County
-3.0%

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.
BedsDec 2023Dec 2024Change YoY
1$175K$130K
-25.7%
2$280K$304.2K
+8.7%
3$325K$332.5K
+2.3%
4$399.5K$434K
+8.6%
5$460K$475K
+3.3%

Summary: Pierce County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -25.7%. The home price for 2 bedroom homes increased by +8.7%. The home price for 3 bedroom homes increased by +2.3%. The home price for 4 bedroom homes increased by +8.6%. The home price for 5 bedroom homes increased by +3.3%.

Housing supply in Pierce County, WI

How many homes are available in Pierce County, 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
279Last MonthDec 2024
3292 months agoNov 2024
-15.2 %
Change MoMNov – Dec

Summary: The Pierce County real estate market had 279 homes for sale in Dec 2024, a 15.2 % 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
53Last MonthDec 2024
782 months agoNov 2024
-32.1 %
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
133
0.0%
24031
-22.5%
3153141
-7.8%
410684
-20.8%
52720
-25.9%

Summary: Pierce County 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 2 bedroom homes decreased by -22.5%. The inventory for 3 bedroom homes decreased by -7.8%. The inventory for 4 bedroom homes decreased by -20.8%. The inventory for 5 bedroom homes decreased by -25.9%.

Asking Price vs. Sold Price

How much do homes in Pierce County, 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 Price7 Homes

At Asking Price19 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Pierce County, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in Pierce County in December 2024, down by 32.1% month-over-month. Of the 53 sold homes, 51% were sold under asking, 36% were sold at asking, and and 13% were sold over asking.

Days on Market for Pierce County, WI

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

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days15 Homes

Over 90 Days10 Homes

Insight

Avg time on Rocket Homes in Pierce County has remained consistent over time.

Summary: During December 2024, 53 homes were sold in Pierce County; 9% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
72 DaysThis YearDec 2024
49 Days1 year agoDec 2023
+46.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Pierce County had an average listing age of 72 days in Dec 2024, up by 46.5% compared to the previous year.

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Newest Listings in Pierce County, WI

What homes are available in Pierce County, WI?

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

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Last updated on: 1/17/2025, 10:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.