November Housing Market Analysis for Sheboygan County
According to recent data from Realtor.com, the median listing price for homes in Sheboygan County held steady at $329,950 during November, matching the previous month's figure.
When compared to November 2024, this represents a 2.9% decline from the $339,900 median price recorded during that period.
Properties in the county measured an average of 1,664 square feet, with a price per square foot of $199. This square foot cost has risen by 3.5% since November 2024.
Market Activity and Comparison Data
Homes in Sheboygan County sold relatively quickly, spending a median of 44 days on the market. This is notably faster than the national median of 64 days for November. In October, local properties had a median market time of 39 days.
The number of new listings showed significant growth, with approximately 88 properties entering the market in November. This marks a 15.8% increase from the 76 new listings available in November 2024.
It's important to note that these statistics specifically reflect properties listed for sale in Sheboygan County, not those that have completed transactions.
Regional and National Context
Across Wisconsin, median home prices stood at $375,000 in November, showing a minor decrease from October figures. Wisconsin homes averaged 1,771 square feet with a price per square foot of $208.
Nationally, the median home price reached $415,000, experiencing a slight decline from the previous month. The typical American home for sale measured 1,820 square feet with a price per square foot of $222.
Experts emphasize that median prices provide a more accurate market representation than averages, as they aren't distorted by exceptionally high or low individual property values.
