Is Lena, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lena is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lena was a Buyer's Market.

Key Takeaway

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

Housing Prices in Lena, WI

How much do homes in Lena, WI cost?

Median Sold Price

$183,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$77,500(-29.8%)

Key Takeaway

Homes in Lena have sold for 29.8% less than they did a year ago.

Summary: The median home sold price in Lena was $183,000 in November 2024, down 29.8% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$141K
-35.9%
2 $110K$150K
+36.4%
3 $245.5K$207.5K
-15.5%
4 $260.5K$250K
-4.0%
5+ $337.5K$155K
-54.1%

Summary: Lena housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.9%, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 15.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 54.1%.

Housing Supply in Lena, WI

How many homes are available in Lena, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
95-44.4%

Summary: The Lena real estate market had 5 homes for sale in November 2024, a 44.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 63
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Lena 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 decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lena, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lena in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lena, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Lena, WI

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