Local Real Estate Prices Up, Sales Down in January

realestate

Prices on Brown County real estate were up in January, compared to January 2024, and the number of sales was down.  This data and other information were released this week by the Heartland Association of Realtors.  Details below.

Median Price:  $212,500 – up 11.9% vs. January 2024

Median Price per Square Foot:  $130.89 – up 3.7%

Closed Sales:  26 – down 25.7%

Days on Market:  76 – up 8 days

Days to Close:  43 – up 3 days

Total Days:  119 – up 11 days

Active Listings:  173 – up 19.3%

Months of Inventory:  5.3 – up 1.4 months

Median Home Size:  1,595 square feet

Median Year Built:  1990

Closing Price/Original Listing Price:  92.9%

Price Distribution:

less than $100,000:  15.4%

$100,000 – 199,999:  26.9%

$200,000 – 299,999:  30.8%

$300,000 – 399,999:  11.5%

$400,000 – 499,999:  3.9%

$500,000 and above:  $11.5%