Is Fontana, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontana is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Fontana has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fontana, WI

How much do homes in Fontana, WI cost?

Median Sold Price

$690,000

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+10.4%)

Key Takeaway

Homes in Fontana have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Fontana was $690,000 in November 2024, up 10.4% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115.2K$112.5K
-2.4%
2 $524K$532.5K
+1.6%
3 $699.5K$660K
-5.6%
4 $820K$850K
+3.7%
5+ $1.7M$1.3M
-25.1%

Summary: Fontana housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 25.1%.

Median Sold Price Compared To Nearby Cities

Williams Bay
+22.3%
Fontana-on-Geneva Lake
+14.5%
Fontana
+10.4%
Linn
-1.2%

Housing Supply in Fontana, WI

How many homes are available in Fontana, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4643-6.5%

Summary: The Fontana real estate market had 43 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 1010
0.0%
3 119
-18.2%
4 1516
+6.7%
5+ 88
0.0%

Summary: The Fontana housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fontana, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Fontana in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.

Days on Market for Fontana, WI

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Fontana; 9% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Fontana, WI

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