$5,807 Closing Credit*
$489,000
1,624 SqFt
2 Beds
•1 Full Bath
#6116345, Steve Germond, 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
Since last month, Lake Nebagamon has remained a Seller'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
$370,000
$210/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$81,000(+28.0%)
Key Takeaway
Homes in Lake Nebagamon have sold for 28% more than they did a month ago.
Summary: The median home sold price in Lake Nebagamon was $370,000 in November 2024, up 28% from last month, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $289K | - | N/A |
| 3 Bedrooms | $280K | $370K | +32.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lake Nebagamon housing prices by bedroom type for November 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 increased by 32.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Nebagamon | $289K | $370K | +28.0% |
| Hawthorne | $330K | $308K | -6.7% |
Housing Supply in Lake Nebagamon, WI
How many homes are available in Lake Nebagamon, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Lake Nebagamon real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Nebagamon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Nebagamon, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Lake Nebagamon in November 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Lake Nebagamon, WI
How long does it take to sell a home in Lake Nebagamon, 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
Key Takeaway
Many homes in Lake Nebagamon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Lake Nebagamon; 33% 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.
