Is Twin Lakes, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twin Lakes is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Twin Lakes was a Buyer's Market.

Key Takeaway

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

Housing Prices in Twin Lakes, WI

How much do homes in Twin Lakes, WI cost?

Median Sold Price

$389,900

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,900(+4.0%)

Key Takeaway

Homes in Twin Lakes have sold for 4% more than they did a year ago.

Summary: The median home sold price in Twin Lakes was $389,900 in November 2024, up 4% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $121.6K$168.5K
+38.5%
2 $264K$285K
+8.0%
3 $330.5K$384.9K
+16.5%
4 $411K$430K
+4.6%
5+ $550K$1.4M
+170.0%

Summary: Twin Lakes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 170%.

Median Sold Price Compared To Nearby Cities

Burton Township
+15.2%
Randall
+13.2%
Twin Lakes
+4.0%
Fox Lake
+2.2%

Housing Supply in Twin Lakes, WI

How many homes are available in Twin Lakes, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3532-8.6%

Summary: The Twin Lakes real estate market had 32 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 810
+25.0%
3 1612
-25.0%
4 55
0.0%
5+ 55
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
770.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twin Lakes, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Twin Lakes in November 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Twin Lakes, 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 17 Days Ago

Newest Listings in Twin Lakes, WI

Nearby Markets to Twin Lakes, WI

What housing markets are near Twin Lakes, WI?