Brown County real estate prices were down in May compared to May 2023, but the number of sales were up, and the sales were much quicker, according to statistics released today by the Heartland Association of Realtors. Details below.
Median Sales Price: $203,000 – down 15.4% vs. May 2023
Median Price per Square Foot: $124.06 – down 12.1%
Closed Sales: 43 – up 4.9%
Active Listings: 203 – up 53.8%
Months of Inventory: 5.8 – up 2.4 months
Days on Market: 42 – down 26 days
Days to Close: 24 – down 6 days
Total Days: 66 – down 32 days
Median Home Size Sold: 1,624 square feet
Median Year Built: 1981
Closing Price/Original List Price: 93.0%
Price Distribution:
less than $100,000: 21.4%
$100,000 – 199,999: 28.6%
$200,000 – 299,999: 21.4%
$300,000 – 399,999: 11.9%
$400,000 – 499,999: 7.1%
greater than $500,000: 9.5%