Home prices are still higher than last year around northeastern Wisconsin.
The average median price of a home is $250,000 this last month compared to $237,500 last year.
However, statewide sales were up over the 12-month span, with 3,343 last month compared to 3,241 in 2023. In Manitowoc County, the median price of a home is down.
According to the monthly Wisconsin Realtors Association report, the median price of a home last month was $186,250 compared to $200,000 the year prior.
That’s about a 7% decrease.
Although the median price is down, sales around the county are down.
There were 38 homes sold last month compared to 47 in February 2023.
Homes are also spending a significant amount of time on the market around the county as well.
In February last year, homes took about 74 days to sell, but last month, it took about 173 days.