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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lodi is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lodi has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lodi, WI

How much do homes in Lodi, WI cost?

Median Sold Price

$405,000

$196/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$1,750(-0.4%)

Key Takeaway

The sold price of homes in Lodi has remained the same since last month.

Summary: The median home sold price in Lodi was $405,000 in October 2024, down 0.4% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $260K$255K
-1.9%
3 $445K$402.5K
-9.6%
4 $406.7K$590K
+45.1%
5+ --
N/A

Summary: Lodi 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 decreased by 1.9%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 45.1%, and 5+ bedroom homes did not change.

Housing Supply in Lodi, WI

How many homes are available in Lodi, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3733-10.8%

Summary: The Lodi real estate market had 33 homes for sale in October 2024, a 10.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 76
-14.3%
3 2020
0.0%
4 106
-40.0%
5+ 00
0.0%

Summary: The Lodi 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

7 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 Lodi, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Lodi in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for Lodi, 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 22 Days Ago

Newest Listings in Lodi, WI

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