Is Long Lake, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long Lake is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Long Lake, WI

How much do homes in Long Lake, WI cost?

Median Sold Price

$89,900

$127/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$43,900(+95.4%)

Key Takeaway

Homes in Long Lake have sold for 95.4% more than they did a month ago.

Summary: The median home sold price in Long Lake was $89,900 in October 2024, up 95.4% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $46K-
N/A
2 -$89.9K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Long Lake 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Long Lake
+95.4%
Long Lake
+95.4%

Housing Supply in Long Lake, WI

How many homes are available in Long Lake, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Long Lake real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 11
0.0%
4 01
+100.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Long Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Long Lake in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Long Lake, 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 20 Days Ago

Newest Listings in Long Lake, WI

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