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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stone Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Stone Lake was a Buyer's Market.

Key Takeaway

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

Housing Prices in Stone Lake, WI

How much do homes in Stone Lake, WI cost?

Median Sold Price

$875,000

$339/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$5,000(-0.6%)

Key Takeaway

Homes in Stone Lake have sold for 0.6% less than they did a month ago.

Summary: The median home sold price in Stone Lake was $875,000 in October 2024, down 0.6% from last month, and the median price per square foot was $339.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$165K
N/A
2 -$330.5K
N/A
3 --
N/A
4 -$875K
N/A
5+ $880K-
N/A

Summary: Stone 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

Stone Lake
-0.6%
Stone Lake
-0.6%

Housing Supply in Stone Lake, WI

How many homes are available in Stone Lake, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
27270.0%

Summary: The Stone Lake real estate market had 27 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 44
0.0%
3 44
0.0%
4 1011
+10.0%
5+ 65
-16.7%

Summary: The Stone Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stone Lake, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Stone Lake in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Stone Lake, WI

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

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in Stone Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in Stone Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Stone Lake, WI

Nearby Markets to Stone Lake, WI

What housing markets are near Stone Lake, WI?