Is La Follette, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Follette is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, La Follette was a Buyer's Market.

Key Takeaway

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

Housing Prices in La Follette, WI

How much do homes in La Follette, WI cost?

Median Sold Price

$190,000

$197/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$105,000(-35.6%)

Key Takeaway

Homes in La Follette have sold for 35.6% less than they did a month ago.

Summary: The median home sold price in La Follette was $190,000 in October 2024, down 35.6% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$190K
N/A
3 $295K-
N/A
4 --
N/A
5+ --
N/A

Summary: La Follette 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dewey
-29.9%
La Follette
-35.6%
Hertel
-35.6%

Housing Supply in La Follette, WI

How many homes are available in La Follette, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The La Follette real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 10
-100.0%
4 44
0.0%
5+ 00
0.0%

Summary: The La Follette 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 increased by 50%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 La Follette, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in La Follette in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Follette, WI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in La Follette are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in La Follette; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 La Follette, WI

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