Is Crystal Lake, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Crystal Lake was a Buyer's Market.

Key Takeaway

Crystal Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crystal Lake, WI

How much do homes in Crystal Lake, WI cost?

Median Sold Price

$262,500

$253/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$194,500(-42.6%)

Key Takeaway

Homes in Crystal Lake have sold for 42.6% less than they did a month ago.

Summary: The median home sold price in Crystal Lake was $262,500 in October 2024, down 42.6% from last month, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$205K
N/A
3 $457K$320K
-30.0%
4 --
N/A
5+ --
N/A

Summary: Crystal Lake housing prices by bedroom type for October 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 decreased by 30%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Comstock
-16.9%
Crystal Lake
-42.6%

Housing Supply in Crystal Lake, WI

How many homes are available in Crystal Lake, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1013+30.0%

Summary: The Crystal Lake real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 33
0.0%
5+ 25
+150.0%

Summary: The Crystal Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crystal Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Crystal Lake in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Crystal Lake, WI

How long does it take to sell a home in Crystal Lake, WI?

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days30 Days-21.1%

Summary: Homes in Crystal Lake had an average of 30 days on market in Oct 2024, down by 21.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crystal Lake are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Crystal Lake; 25% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Crystal Lake, WI

Nearby Markets to Crystal Lake, WI