Wood County Housing Market Analysis
According to recent data from Realtor.com, the median listing price for homes in Wood County held steady at $275,000 during November, matching the figure from the previous month.
When compared to the same period last year, November 2024, there was a modest increase from $274,900, indicating slight upward movement in the local market.
Property Details and Market Activity
Properties in the area typically measured 1,750 square feet, with a price per square foot of $144. This represents a 4.5% rise from November 2024.
Homes in Wood County sold relatively quickly, spending a median of 43 days on the market. This is notably faster than the national median of 64 days and slightly improved from the local October figure of 45 days.
New listings saw significant growth, with approximately 68 properties entering the market in November—a 54.5% increase from the 44 new listings recorded in November 2024.
Regional and National Context
In Wisconsin, median home prices stood at $375,000, showing a small decline from October. Wisconsin homes averaged 1,771 square feet with a price per square foot of $208.
Nationally, the median home price was $415,000, reflecting a minor decrease from the previous month. The typical American home measured 1,820 square feet with a price per square foot of $222.
Data Methodology
The median price calculation represents the midpoint of all listed properties during the specified period. Industry professionals note that median prices provide a more reliable market indicator than averages, which can be distorted by extreme values at either end of the spectrum.
It's important to note that these statistics cover only listed properties—not completed sales—and include single-family homes, condominiums, and townhomes while excluding most new construction and pending transactions.
