Northwestern Wisconsin real estate ended 2023 with sales price records, according to data from the Wisconsin REALTORS© Association. Here’s the latest market update!
Barron County’s median home price was $260,000 in December 2023, a new high for any December on record. On an annualized basis, the median home price for 2023 was a record $250,000.
Rusk County’s median home price was a record $276,000 in December. When adjusted for the entire year, Rusk County’s median home price was $189,000, another new high.
Looking at early data for January 2024, the inventory of Barron County homes for sale increased by 13.7%. The median list price of a Barron County home was $253,275. Homes took a bit longer to sell during the depths of winter, averaging 70 days on market. About 15% of the properties sold for more than the asking price.
Rusk County’s home inventory increased by 10% in January, and the median list price of a home for sale was $200,000. Homes averaged 77 days on market before going under contract. About half of the properties sold for more than the asking price.
We still have more buyers than listings, and the busy spring market is almost here! If you are thinking about selling, this is the time to talk about it. Ask for your free home valuation to see what your property is worth today. There is no obligation to sell, and never any pressure!
When you are buying or selling Northwestern Wisconsin real estate, turn to the local experts! Six Lakes Realty is a locally-owned family business with over 45 years of experience. Contact us today for friendly, hometown service!
John Flor
Managing Broker
Six Lakes Realty
Office: (715) 924-4806
Email: john@sixlakesrealty.com