Is Fontana, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontana is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Fontana, WI

How much do homes in Fontana, WI cost?

Median Sold Price

$675,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$109,750(+19.4%)

Key Takeaway

Homes in Fontana have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Fontana was $675,000 in April 2024, up 19.4% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K$99.5K
-9.5%
2 $536.2K$524K
-2.3%
3 $670K$675K
+0.7%
4 $731.5K$820K
+12.1%
5+ $1.3M$1.8M
+34.5%

Summary: Fontana housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 34.5%.

Median Sold Price Compared To Nearby Cities

Fontana
+19.4%
Fontana-on-Geneva Lake
+16.9%
Walworth
-4.4%
Williams Bay
-7.2%
Linn
-10.2%

Housing Supply in Fontana, WI

How many homes are available in Fontana, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5755-3.5%

Summary: The Fontana real estate market had 55 homes for sale in April 2024, a 3.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 1314
+7.7%
3 1212
0.0%
4 2019
-5.0%
5+ 87
-12.5%

Summary: The Fontana housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fontana, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Fontana in April 2024, up by 36.4% month-over-month. Of the 15 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Fontana, WI

How long does it take to sell a home in Fontana, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fontana are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in Fontana; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

Newest Listings in Fontana, WI

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