$2,345 Closing Credit*
$197,500
800 SqFt
1 Bed
•1 Full Bath
#1587704, Ty Wiley, Listing Office: Area North Realty Inc
Is Bass Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bass Lake was a Seller's Market.
Key Takeaway
Bass Lake is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bass Lake, WI
How much do homes in Bass Lake, WI cost?
Median Sold Price
$437,500
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$82,400(-15.8%)
Key Takeaway
Homes in Bass Lake have sold for 15.8% less than they did a year ago.
Summary: The median home sold price in Bass Lake was $437,500 in November 2024, down 15.8% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.7K | $80K | -50.8% |
| 2 Bedrooms | $402.5K | $232.5K | -42.2% |
| 3 Bedrooms | $440K | $425K | -3.4% |
| 4 Bedrooms | $555K | $655K | +18.0% |
| 5+ Bedrooms | $901K | $1.4M | +60.9% |
Summary: Bass Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.8%, 2 bedroom homes decreased by 42.2%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 60.9%.
Housing Supply in Bass Lake, WI
How many homes are available in Bass Lake, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The Bass Lake real estate market had 26 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Bass Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bass Lake, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bass Lake in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Bass Lake, WI
How long does it take to sell a home in Bass Lake, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 71 Days | +77.5% |
Summary: Homes in Bass Lake had an average of 71 days on market in Nov 2024, up by 77.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bass Lake has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Bass Lake; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
