Raymond, WI Real Estate

Raymond Homes for Sale

Raymond, Wisconsin is a community that offers country living that is minutes away from larger cities. Raymond is less than 10 minutes away from Interstate 94 providing easy access to Milwaukee, Racine and other southeastern Wisconsin communities. Populated by 3,874 people, the rural town is working hard to offer economic opportunities.

Real Estate
The Raymond real estate market offers an array of homes for sale. Houses on the market include three-bedroom Ranches in private wooded lots, two-story homes with spacious lots, Hobby Farms with luxurious amenities and 30+ acre Estates with open floor plans. The average price of a home in Raymond is $258,620.

Amenities
The town of Raymond is less than 25 minutes away from General Mitchell International Airport. The airport offers 42-gates for inbound and outbound flights from places around the world. Enjoy the convenience of an international airport nearby.

Apple Holler offers an apple orchard, restaurant and hosts many events that the whole family can enjoy. Apple Holler provides live musical plays, barnyard animals, hayrides and dinner theatre. The orchard/farm is open year-round with many events.

The Raymond Heights Golf Course is around 5 miles away from the town and offers great greens to play on. The course offers a par-3 nine-hole course that can challenge the most experienced golfers. Raymond Heights provides rural scenery throughout the course.

History
The town was named after Elisha Raymond who was a part of two militias and the Continental Army. He traveled to the Territory of Wisconsin to visit his sons and passed away on June 11, 1842 before he could return home to Stamford, Vermont. Raymond was buried on his son’s farm in what is now, Raymond Township. The town was incorporated in 1846.

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Market Conditions
Market Conditions for Raymond - February 2024 | Shorewest Realtors®
February 2024

Market Conditions for Raymond

Median Sale Price Graph

Median Sale Price

The median sale price for homes in February was $545,000. The median sales price for homes in February rose by $85,000 compared to last month. This represents a 18.47% increase from January. Compared to the same month last year, the median price of homes fell by ($145,000) representing a -21.01% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 1 in February to 3. This represents 25% decrease from January when 4 homes were on the market. Compared to the same month last year when there were 6 homes for sale, the inventory of homes for sale has fallen by 3 representing a -50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 1 homes sold in February was 2 less than in January. This represents a 66.66% decrease in sales from January. Compared to the same month last year, the number of homes sold did not change 0, a 0% year-over-year .

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in February (3) decreased by 29 days compared to January. This represents a 90.62% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 4, a -57.14% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 101.11% in February rose by 10.42% compared to January and increased 2.43% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in February (1) remained level Compared to February 2023, the number of new listings decreased by 1, a -50% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in February was $1,400,000. The median list price for homes in February rose by $861,000 compared to last month. This represents a 159.74% increase from January. Compared to the same month last year, the median list price of homes increased $797,550 representing a 132.38% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.