The latest real estate report is showing some positive news for those looking to buy a home.
According to the report from the Wisconsin Realtors Association, the average price for a home in Manitowoc County was $205,000 in November, which is up 20.6% from last November’s $170,000 price tag.
However, that price is $25,000 less than it was in October. Also, 79 homes were sold last month, 10.2% fewer than in November 2023 and just one less than in October of this year.
Statewide, the median price for a home remained steady at $310,000 for the third consecutive month, but that is 10.8% higher than last November’s price tag of $279,900.
The number of sales remained relatively even from last year, but the 5,508 sales were nearly 1,000 fewer than in October.