$711 Closing Credit*
$59,900
980 SqFt
3 Beds
•1 Full Bath
Listing Office: Century 21 Affiliated*
Is Turtle Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Turtle Lake has remained a Neutral Market.
Key Takeaway
Turtle Lake is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Turtle Lake, WI
How much do homes in Turtle Lake, WI cost?
Median Sold Price
$232,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$100,000(-30.1%)
Key Takeaway
Homes in Turtle Lake have sold for 30.1% less than they did a year ago.
Summary: The median home sold price in Turtle Lake was $232,500 in October 2024, down 30.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247.5K | $155K | -37.4% |
| 3 Bedrooms | $280K | $232.5K | -17.0% |
| 4 Bedrooms | $452.5K | $314K | -30.6% |
| 5+ Bedrooms | $780K | $490K | -37.2% |
Summary: Turtle Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.4%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes decreased by 37.2%.
Median Sold Price Compared To Nearby Cities
| Clayton | $225K | $270K | +20.0% |
| Turtle Lake | $332.5K | $232.5K | -30.1% |
| Turtle Lake | $350K | $233.7K | -33.2% |
Housing Supply in Turtle Lake, WI
How many homes are available in Turtle Lake, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The Turtle Lake real estate market had 37 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Turtle 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 increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Turtle 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 Turtle Lake in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 119 Days | 72 Days | -38.9% |
Summary: Homes in Turtle Lake had an average of 72 days on market in Oct 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 6 homes were sold in Turtle Lake; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
