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 Last Month

Since last month, 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

$309,900

$177/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$12,100(-3.8%)

Key Takeaway

Homes in Lenroot have sold for 3.8% less than they did a month ago.

Summary: The median home sold price in Lenroot was $309,900 in October 2024, down 3.8% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $259K-
N/A
3 $385K$309.9K
-19.5%
4 -$225K
N/A
5+ --
N/A

Summary: Lenroot housing prices by bedroom type for October 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 decreased by 19.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Round Lake
+101.6%
Lenroot
-3.8%
Barnes
-4.2%
Cable
-56.6%

Housing Supply in Lenroot, WI

How many homes are available in Lenroot, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1917-10.5%

Summary: The Lenroot real estate market had 17 homes for sale in October 2024, a 10.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 32
-33.3%
3 129
-25.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Lenroot housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lenroot in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Nearby Markets to Lenroot, WI

What housing markets are near Lenroot, WI?