$2,903 Closing Credit*
$244,500
1,344 SqFt
2 Beds
•2 Full Baths
#6116593, Mollie Maruca, Listing Office: RE/MAX Results
Is Lake Nebagamon, 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, Lake Nebagamon was a Buyer's Market.
Key Takeaway
Lake Nebagamon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Nebagamon, WI
How much do homes in Lake Nebagamon, WI cost?
Median Sold Price
$289,000
$186/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$526,000(-64.5%)
Key Takeaway
Homes in Lake Nebagamon have sold for 64.5% less than they did a month ago.
Summary: The median home sold price in Lake Nebagamon was $289,000 in October 2024, down 64.5% from last month, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $289K | N/A |
| 3 Bedrooms | - | $280K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $815K | - | N/A |
Summary: Lake Nebagamon 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
| Highland | $205K | $185.9K | -9.3% |
| Lake Nebagamon | $815K | $289K | -64.5% |
Housing Supply in Lake Nebagamon, WI
How many homes are available in Lake Nebagamon, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Lake Nebagamon real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lake Nebagamon 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 25%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Nebagamon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lake Nebagamon in October 2024, up by 300.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lake Nebagamon, WI
We’re sorry, we don't have information for this market at the moment
