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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lenroot is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Lenroot has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lenroot, WI

How much do homes in Lenroot, WI cost?

Median Sold Price

$385,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$52,500(-12.0%)

Key Takeaway

Homes in Lenroot have sold for 12% less than they did a year ago.

Summary: The median home sold price in Lenroot was $385,000 in November 2024, down 12% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $87.2K$161K
+84.6%
2 $345K$325K
-5.8%
3 $450K$470K
+4.4%
4 $559.9K$722K
+29.0%
5+ -$590K
N/A

Summary: Lenroot housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.6%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 29%, and 5+ bedroom homes did not change.

Housing Supply in Lenroot, WI

How many homes are available in Lenroot, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1712-29.4%

Summary: The Lenroot real estate market had 12 homes for sale in November 2024, a 29.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 22
0.0%
3 95
-44.4%
4 32
-33.3%
5+ 11
0.0%

Summary: The Lenroot 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 44.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Lenroot in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lenroot, 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 17 Days Ago

Newest Listings in Lenroot, WI

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