Some statistics from the September 2022 Wisconsin REALTORs Association Real Estate Report: 

Wisconsin’s housing affordability index for September was down 30.5% from September of last year due to continued low inventories, rising prices and interest rates. 

From the Door County Board of REALTORs:  Year to Date (through September 2022): Median prices for Door County were $363,000, which was up 25.6% compared to the same time last year through January - September 2021 . Sales were DOWN for the same period by 16.5%; we attribute that to very little inventory being released and very little inventory available under $500,000, with inventory under $300,000 being almost non-existent.

What will November bring with interest rates due to increase?  Only time will tell!

 

Door County Real Estate Market Report November 2022