Is Bloomfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bloomfield has remained a Seller's Market.
Housing Prices in Bloomfield, WI
How much do homes in Bloomfield, WI cost?
Median Sold Price
$299,450
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bloomfield was $299,450 in May 2024, up 5.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $205K | +41.4% |
2 Bedrooms | $181.2K | $165K | -9.0% |
3 Bedrooms | $273.5K | $299.9K | +9.7% |
4 Bedrooms | $361.7K | $385K | +6.4% |
5+ Bedrooms | $829K | $710K | -14.4% |
Summary: Bloomfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.4%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 14.4%.
Median Sold Price Compared To Nearby Cities
Lyons | $219.5K | $499.9K | +127.7% |
Lake Geneva | $382K | $437.5K | +14.5% |
Genoa City | $260K | $283K | +8.8% |
Bloomfield | $285K | $299.4K | +5.1% |
Linn | $849.9K | $780.5K | -8.2% |
Housing Supply in Bloomfield, WI
How many homes are available in Bloomfield, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 24 | 0.0% |
Summary: The Bloomfield real estate market had 24 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bloomfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bloomfield in May 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Bloomfield, WI
How long does it take to sell a home in Bloomfield, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Bloomfield; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.