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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Round Lake is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Round Lake was a Seller's Market.

Key Takeaway

Round Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Round Lake, WI

How much do homes in Round Lake, WI cost?

Median Sold Price

$387,500

$165/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$257,400(-39.9%)

Key Takeaway

Homes in Round Lake have sold for 39.9% less than they did a month ago.

Summary: The median home sold price in Round Lake was $387,500 in November 2024, down 39.9% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $664.8K$387.5K
-41.7%
3 --
N/A
4 $625K-
N/A
5+ --
N/A

Summary: Round Lake housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.7%, 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

Hunter
+17.6%
Round Lake
-39.9%

Housing Supply in Round Lake, WI

How many homes are available in Round Lake, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The Round Lake real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 107
-30.0%
3 45
+25.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Round Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Round Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Round Lake in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Round 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 17 Days Ago

Newest Listings in Round Lake, WI

Nearby Markets to Round Lake, WI