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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lomira is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lomira, WI

How much do homes in Lomira, WI cost?

Median Sold Price

$289,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,600(+15.8%)

Key Takeaway

Homes in Lomira have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in Lomira was $289,500 in October 2024, up 15.8% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $249.9K$294.9K
+18.0%
3 $248.5K$306.5K
+23.3%
4 $270K$287.9K
+6.6%
5+ $189.9K$277K
+45.9%

Summary: Lomira housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 45.9%.

Housing Supply in Lomira, WI

How many homes are available in Lomira, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The Lomira real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 108
-20.0%
4 10
-100.0%
5+ 22
0.0%

Summary: The Lomira housing inventory by bedroom type for October 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 decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lomira, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lomira in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Lomira, 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 21 Days Ago

Newest Listings in Lomira, WI

Nearby Markets to Lomira, WI