$1,805 Closing Credit*
$152,000
2,256 SqFt
1 Bed
•1 Bath
#6626874, Greg Letch, Listing Office: Art Anderson Realty
Is Laketown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Laketown has remained a Seller's Market.
Key Takeaway
Laketown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laketown, WI
How much do homes in Laketown, WI cost?
Median Sold Price
$299,950
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$35,050(-10.5%)
Key Takeaway
Homes in Laketown have sold for 10.5% less than they did a year ago.
Summary: The median home sold price in Laketown was $299,950 in October 2024, down 10.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $280K | +21.7% |
| 3 Bedrooms | $335K | $319.9K | -4.5% |
| 4 Bedrooms | $337K | $360K | +6.8% |
| 5+ Bedrooms | - | $275K | N/A |
Summary: Laketown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cushing | $278K | $265K | -4.7% |
| Laketown | $335K | $299.9K | -10.5% |
Housing Supply in Laketown, WI
How many homes are available in Laketown, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Laketown real estate market had 4 homes for sale in October 2024, a 50.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Laketown 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laketown, 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 Laketown in October 2024, down by 50.0% 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 Laketown, WI
How long does it take to sell a home in Laketown, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 56 Days | +409.1% |
Summary: Homes in Laketown had an average of 56 days on market in Oct 2024, up by 409.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Laketown has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Laketown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
