Summer home sales in Northwestern Wisconsin had their best start on record, according to the latest market data from the Wisconsin Realtors ® Association. The median home price in Barron County reached $265,000 in June, which is the highest median home price for Barron County during any month on record. A total of 91 Barron County homes were sold during June, averaging 35 days on market.
Rusk County median sale prices reached $184,000 in June, based on the sales of 21 homes. Homes in rural Rusk County take a bit longer to sell, averaging over 40 days on market.
Statewide, the median home price in Wisconsin reached a new high of $280,000 during June 2022.
Currently we are seeing variety in our local markets. Homes in highly-sought locations have been getting offers above list price, but other homes have shown price adjustments. There are more homes on the market compared to last summer, and higher interest rates have affected some buyers. Overall, home demand remains strong, though less frenzied.
It’s still a great time to sell your Northwestern Wisconsin home – get our free home valuation report for starters! There is no obligation.
If you are thinking of buying or selling Northwestern Wisconsin real estate, let us help! Six Lakes Realty is a locally-owned family business with over 40 years of experience. Contact us today for friendly, hometown service!
Six Lakes Realty
Office: (715) 924-4806