$2,434 Closing Credit*
$205,000
3,136 SqFt
3 Beds
•2 Full Baths
#6635205, Michael Anderson, Listing Office: Team Realty
Is Turtle Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Turtle Lake has remained a Seller's Market.
Key Takeaway
Turtle Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Turtle Lake, WI
How much do homes in Turtle Lake, WI cost?
Median Sold Price
$294,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$38,500(-11.6%)
Key Takeaway
Homes in Turtle Lake have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Turtle Lake was $294,000 in November 2024, down 11.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247.5K | $233.6K | -5.6% |
| 3 Bedrooms | $255K | $279.9K | +9.8% |
| 4 Bedrooms | $452.5K | $314K | -30.6% |
| 5+ Bedrooms | $780K | $490K | -37.2% |
Summary: Turtle Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes decreased by 37.2%.
Median Sold Price Compared To Nearby Cities
| Turtle Lake | $265K | $286.9K | +8.3% |
| Turtle Lake | $332.5K | $294K | -11.6% |
Housing Supply in Turtle Lake, WI
How many homes are available in Turtle Lake, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Turtle Lake real estate market had 34 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Turtle 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Turtle Lake, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Turtle Lake in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.
Days on Market for Turtle Lake, WI
How long does it take to sell a home in Turtle Lake, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 108 Days | +170.3% |
Summary: Homes in Turtle Lake had an average of 108 days on market in Nov 2024, up by 170.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Turtle Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Turtle Lake; 36% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
