$59,000
6.51 Acres
Land
#6617705, Bruce Olson, Listing Office: Outdoors Realty
Is Bone Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bone Lake was a Seller's Market.
Key Takeaway
Bone 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 Bone Lake, WI
How much do homes in Bone Lake, WI cost?
Median Sold Price
$570,000
$211/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$280,000(+96.6%)
Key Takeaway
Homes in Bone Lake have sold for 96.6% more than they did a month ago.
Summary: The median home sold price in Bone Lake was $570,000 in November 2024, up 96.6% from last month, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $290K | $570K | +96.6% |
| 4 Bedrooms | $310K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bone Lake housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 96.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bone Lake | $290K | $570K | +96.6% |
| Georgetown | $906K | $272.5K | -69.9% |
Housing Supply in Bone Lake, WI
How many homes are available in Bone Lake, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Summary: The Bone Lake real estate market had 7 homes for sale in November 2024, a 41.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 1 | -80.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bone 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bone Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bone Lake in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bone Lake, WI
We’re sorry, we don't have information for this market at the moment
