Black Creek, WI
Housing market overview · Updated weekly
$285,000median sale price
Homes sold
1
Last 12 weeks
Days on market
59
Average pace
Active listings
3
3.0 months supply
Sale-to-list
95.0%
Below asking
Black Creek, WI housing market analysis
The Black Creek housing market is currently classified as a leaning buyer's with a median sale price of $285,000. Prices have decreased 9.5% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Black Creek spend an average of 59 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 3.0 months of supply, Black Creek is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 95.0%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 3 active listings in Black Creek, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 1 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Black Creek as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Black Creek with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Black Creek, WI
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Frequently asked questions
What is the average home price in Black Creek?
The median home sale price in Black Creek is $285,000, down 9.5% from last year.
How long do homes stay on market in Black Creek?
Homes typically spend 59 days on market before going under contract.
Is Black Creek a buyer's or seller's market?
With 3.0 months of supply, Black Creek is currently a leaning buyer's.
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