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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webb Lake is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Webb Lake was a Seller's Market.

Key Takeaway

Webb Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Webb Lake, WI

How much do homes in Webb Lake, WI cost?

Median Sold Price

$460,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$110,000(+31.4%)

Key Takeaway

Homes in Webb Lake have sold for 31.4% more than they did a year ago.

Summary: The median home sold price in Webb Lake was $460,000 in November 2024, up 31.4% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150K
N/A
2 $372K$410K
+10.2%
3 $336K$475K
+41.4%
4 $430K-
N/A
5+ -$800K
N/A

Summary: Webb 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 increased by 10.2%, 3 bedroom homes increased by 41.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Webb Lake
+31.4%
Danbury
-4.3%

Housing Supply in Webb Lake, WI

How many homes are available in Webb Lake, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The Webb Lake real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 99
0.0%
3 44
0.0%
4 34
+33.3%
5+ 31
-66.7%

Summary: The Webb 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webb Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Webb Lake in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Webb Lake, WI

How long does it take to sell a home in Webb 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 Webb Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Webb Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Webb Lake, WI

Nearby Markets to Webb Lake, WI

What housing markets are near Webb Lake, WI?