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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sand Lake is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Sand Lake, WI

How much do homes in Sand Lake, WI cost?

Median Sold Price

$1,225,500

$524/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$350,500(+40.1%)

Key Takeaway

Homes in Sand Lake have sold for 40.1% more than they did a month ago.

Summary: The median home sold price in Sand Lake was $1,225,500 in November 2024, up 40.1% from last month, and the median price per square foot was $524.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $165K-
N/A
2 --
N/A
3 --
N/A
4 $875K$826K
-5.6%
5+ -$1.6M
N/A

Summary: Sand 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sand Lake
+40.1%
Stone Lake
+40.1%
Edgewater
-9.2%

Housing Supply in Sand Lake, WI

How many homes are available in Sand Lake, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2321-8.7%

Summary: The Sand Lake real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 12
+100.0%
3 44
0.0%
4 119
-18.2%
5+ 44
0.0%

Summary: The Sand Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sand Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sand Lake in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sand Lake, WI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
106 Days64 Days-39.2%

Summary: Homes in Sand Lake had an average of 64 days on market in Nov 2024, down by 39.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sand Lake are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Sand Lake; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Sand Lake, WI

Nearby Markets to Sand Lake, WI

What housing markets are near Sand Lake, WI?