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

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Housing Prices in Sawyer County, WI

How much do homes in Sawyer County, WI cost?

Housing Market Conditions

Is Sawyer 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

Sawyer County is a Buyer's Market

Difference Since November 2024

Last month, Sawyer County was a Seller's Market.

Insight

Sawyer County 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.
$262,950$192/SqFt
-$137,050
-34.3%

Based on all homes sold in December 2024

Insight

Homes in Sawyer County have sold for 34.3% less than they did a month ago.

Summary: The median home sold price in Sawyer County was $262,950 in December 2024, down 34.3% from last month, and the median price per square foot was $192.

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
Price County
+27.8%
Bayfield County
0.3%
Sawyer County
-34.3%

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
4$826K$360K
-56.4%
5$1.6M-
N/A
1$165K$215K
+30.3%
2$370K$250K
-32.4%
3$346.6K$325K
-6.2%

Summary: Sawyer County housing price by bedroom type for December 2024, compared to the previous month. The home price for 4 bedroom homes decreased by -56.4%. The home price for 5 bedroom homes did not change. The home price for 1 bedroom homes increased by +30.3%. The home price for 2 bedroom homes decreased by -32.4%. The home price for 3 bedroom homes decreased by -6.2%.

Housing supply in Sawyer County, WI

How many homes are available in Sawyer 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
136Last MonthDec 2024
1552 months agoNov 2024
-12.3 %
Change MoMNov – Dec

Summary: The Sawyer County real estate market had 136 homes for sale in Dec 2024, a 12.3 % 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
16Last MonthDec 2024
272 months agoNov 2024
-40.7 %
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
43329
-12.1%
51412
-14.3%
11515
0.0%
24235
-16.7%
35145
-11.8%

Summary: Sawyer County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 4 bedroom homes decreased by -12.1%. The inventory for 5 bedroom homes decreased by -14.3%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -11.8%.

Asking Price vs. Sold Price

How much do homes in Sawyer 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 Price2 Homes

At Asking Price2 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in Sawyer County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Sawyer County in December 2024, down by 40.7% month-over-month. Of the 16 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.

Days on Market for Sawyer County, WI

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

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

Summary: During December 2024, 16 homes were sold in Sawyer County; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% 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.
Last Month1 month agoChange MoM
61 DaysLast MonthDec 2024
55 Days1 month agoNov 2024
+10.9 %
Change MoMNov – Dec

Summary: Homes in Sawyer County had an average listing age of 61 days in Dec 2024, up by 10.9% compared to the previous month.

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Newest Listings in Sawyer County, WI

What homes are available in Sawyer County, 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

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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.
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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, 10:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.