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 August 2023

Since last year, Stone Lake has remained a Seller'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

$425,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$13,000(+3.2%)

Key Takeaway

Homes in Stone Lake have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Stone Lake was $425,000 in August 2024, up 3.2% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $152K$117K
-23.0%
2 $215.5K$396.5K
+84.0%
3 $400K$497.5K
+24.4%
4 $457.1K$484.5K
+6.0%
5+ $1.6M$698K
-57.8%

Summary: Stone Lake housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23%, 2 bedroom homes increased by 84%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 57.8%.

Median Sold Price Compared To Nearby Cities

Sand Lake
+3.6%
Stone Lake
+3.2%
Bass Lake
-9.3%
Stone Lake
-10.7%

Housing Supply in Stone Lake, WI

How many homes are available in Stone Lake, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2526+4.0%

Summary: The Stone Lake real estate market had 26 homes for sale in August 2024, a 4.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 12
+100.0%
2 45
+25.0%
3 54
-20.0%
4 1010
0.0%
5+ 55
0.0%

Summary: The Stone Lake housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stone Lake in August 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Stone 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 20 Days Ago

Newest Listings in Stone Lake, WI

Nearby Markets to Stone Lake, WI

What housing markets are near Stone Lake, WI?