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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Luck is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Luck, WI

How much do homes in Luck, WI cost?

Median Sold Price

$275,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+1.9%)

Key Takeaway

Homes in Luck have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Luck was $275,000 in November 2024, up 1.9% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $77K$121.5K
+57.8%
2 $267K$170K
-36.3%
3 $270K$320K
+18.5%
4 $275K$367.5K
+33.6%
5+ $450K$200K
-55.6%

Summary: Luck housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.8%, 2 bedroom homes decreased by 36.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes decreased by 55.6%.

Housing Supply in Luck, WI

How many homes are available in Luck, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4340-7.0%

Summary: The Luck real estate market had 40 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 77
0.0%
3 2222
0.0%
4 86
-25.0%
5+ 22
0.0%

Summary: The Luck housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Luck, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Luck in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.

Days on Market for Luck, WI

How long does it take to sell a home in Luck, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days70 Days+99.5%

Summary: Homes in Luck had an average of 70 days on market in Nov 2024, up by 99.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Luck has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Luck; 0% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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