$3,027 Closing Credit*
$254,900
1,104 SqFt
2 Beds
•1 Full Bath
#1900681, Curt Downes & Associates Team*, Listing Office: Mahler Sotheby's International Realty
Is Lannon, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lannon was a Neutral Market.
Key Takeaway
Lannon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lannon, WI
How much do homes in Lannon, WI cost?
Median Sold Price
$599,900
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$167,275(+38.7%)
Key Takeaway
Homes in Lannon have sold for 38.7% more than they did a year ago.
Summary: The median home sold price in Lannon was $599,900 in November 2024, up 38.7% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $503.6K | $628.9K | +24.9% |
| 3 Bedrooms | $425K | $609K | +43.3% |
| 4 Bedrooms | - | $425.7K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lannon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 43.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lannon | $432.6K | $599.9K | +38.7% |
| Menomonee Falls | $375K | $410K | +9.3% |
| Lisbon | $550K | $549.8K | 0% |
Housing Supply in Lannon, WI
How many homes are available in Lannon, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Lannon real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lannon 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lannon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lannon in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Lannon, WI
We’re sorry, we don't have information for this market at the moment
