Question 1

What is the median sold price in Wizard Heights?

Accepted Answer

The median sold price in Wizard Heights is $150,000 based on 5 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Wizard Heights?

Accepted Answer

The average sold price in Wizard Heights is $177,200. Note that the average ($177,200) is higher than the median ($150,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Wizard Heights?

Accepted Answer

Home prices in Wizard Heights range from $100,000 to $301,000 based on recent sales data. This $201,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Wizard Heights selling above or below asking price?

Accepted Answer

On average, homes in Wizard Heights are selling at 88.9% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Wizard Heights?

Accepted Answer

Homes in Wizard Heights are selling in an average of 124 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Wizard Heights?

Accepted Answer

The average price per square foot in Wizard Heights is $405. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $810,000.

Question 7

How active is the real estate market in Wizard Heights?

Accepted Answer

The Wizard Heights market has seen 5 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Wizard Heights?

Accepted Answer

The most common property types selling in Wizard Heights are: vacant lot (4 sold, avg $146,250), agriculture / farm (1 sold, avg $301,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Wizard Heights?

Accepted Answer

Home prices in Wizard Heights have increased by 73.1% over the past 2 years. The average sold price moved from $130,000 to $225,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Wizard Heights a buyer's or seller's market?

Accepted Answer

Based on current data, Wizard Heights is a buyer's market. Homes are selling in 124 days on average and at 88.9% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Wizard Heights?

Accepted Answer

In Wizard Heights, 0% of homes sold above asking price, while 100% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Wizard Heights?

Accepted Answer

Homes selling in Wizard Heights range from 744 to 744 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Wizard Heights?

Accepted Answer

Wizard Heights shows moderate price diversity with a standard deviation of $75,930 around the average price of $177,200. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

How do I find out how much a house sold for in Wizard Heights?

Accepted Answer

Simply search our Wizard Heights sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Wizard Heights will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Wizard Heights?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Wizard Heights. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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