Is Fontana-on-Geneva Lake, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontana-on-Geneva Lake is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Fontana-on-Geneva Lake was a Seller's Market.

Key Takeaway

Fontana-on-Geneva 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 Fontana-on-Geneva Lake, WI

How much do homes in Fontana-on-Geneva Lake, WI cost?

Median Sold Price

$672,950

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$71,950(+12.0%)

Key Takeaway

Homes in Fontana-on-Geneva Lake have sold for 12% more than they did a year ago.

Summary: The median home sold price in Fontana-on-Geneva Lake was $672,950 in October 2024, up 12% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115.2K$106.2K
-7.8%
2 $502.5K$530K
+5.5%
3 $690K$630K
-8.7%
4 $882.5K$849.9K
-3.7%
5+ $1.6M$1.1M
-33.9%

Summary: Fontana-on-Geneva Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 33.9%.

Median Sold Price Compared To Nearby Cities

Fontana-on-Geneva Lake
+12.0%
Linn
+11.4%
Fontana
+9.8%

Housing Supply in Fontana-on-Geneva Lake, WI

How many homes are available in Fontana-on-Geneva Lake, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4649+6.5%

Summary: The Fontana-on-Geneva Lake real estate market had 49 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 810
+25.0%
3 1212
0.0%
4 1719
+11.8%
5+ 66
0.0%

Summary: The Fontana-on-Geneva Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fontana-on-Geneva Lake, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Fontana-on-Geneva Lake in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Fontana-on-Geneva Lake, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 16 Days Ago

Newest Listings in Fontana-on-Geneva Lake, WI

Nearby Markets to Fontana-on-Geneva Lake, WI

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