$589,000
90.00 Acres
Land
#1586944, Kelley Butterfield, Listing Office: C21 Woods to Water
Is Round Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Round Lake was a Buyer's Market.
Key Takeaway
Round Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Round Lake, WI
How much do homes in Round Lake, WI cost?
Median Sold Price
$644,900
$442/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$325,000(+101.6%)
Key Takeaway
Homes in Round Lake have sold for 101.6% more than they did a month ago.
Summary: The median home sold price in Round Lake was $644,900 in October 2024, up 101.6% from last month, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | $664.8K | +118.0% |
| 3 Bedrooms | $322.4K | - | N/A |
| 4 Bedrooms | - | $625K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Round 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 increased by 118%, 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
| Round Lake | $319.9K | $644.9K | +101.6% |
| Lenroot | $322K | $309.9K | -3.8% |
Housing Supply in Round Lake, WI
How many homes are available in Round Lake, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Round Lake real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Round Lake 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 8.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Round Lake, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Round Lake in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Round Lake, WI
How long does it take to sell a home in Round Lake, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Round Lake has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Round Lake; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
