Is Fitchburg, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fitchburg has remained a Seller's Market.
Housing Prices in Fitchburg, WI
How much do homes in Fitchburg, WI cost?
Median Sold Price
$415,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fitchburg was $415,000 in April 2024, up 27.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $220.5K | +22.5% |
2 Bedrooms | $302K | $320K | +6.0% |
3 Bedrooms | $394.9K | $415K | +5.1% |
4 Bedrooms | $651K | $575K | -11.7% |
5+ Bedrooms | $940K | $687.5K | -26.9% |
Summary: Fitchburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
Madison | $294K | $390.3K | +32.8% |
Fitchburg | $325.6K | $415K | +27.4% |
Housing Supply in Fitchburg, WI
How many homes are available in Fitchburg, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
109 | 121 | +11.0% |
Summary: The Fitchburg real estate market had 121 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 34 | 43 | +26.5% |
3 Bedrooms | 41 | 42 | +2.4% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Fitchburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Fitchburg in April 2024, up by 14.3% month-over-month. Of the 32 sold homes, 22% were sold under asking, 19% were sold at asking, and 59% were sold over asking.
Days on Market for Fitchburg, WI
We’re sorry, we don't have information for this market at the moment