Is Linn, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Linn has remained a Buyer's Market.
Housing Prices in Linn, WI
How much do homes in Linn, WI cost?
Median Sold Price
$780,500
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Linn was $780,500 in May 2024, down 8.2% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190.2K | $185K | -2.8% |
2 Bedrooms | $307K | $345K | +12.4% |
3 Bedrooms | $385K | $565K | +46.8% |
4 Bedrooms | $1.1M | $975K | -15.2% |
5+ Bedrooms | $3.1M | $3.6M | +16.3% |
Summary: Linn housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 46.8%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
Lake Geneva | $382K | $437.5K | +14.5% |
Geneva | $372.5K | $382.5K | +2.7% |
Williams Bay | $492.9K | $455K | -7.7% |
Linn | $849.9K | $780.5K | -8.2% |
Housing Supply in Linn, WI
How many homes are available in Linn, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 56 | +14.3% |
Summary: The Linn real estate market had 56 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Linn housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Linn in May 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Linn, WI
How long does it take to sell a home in Linn, 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
Summary: During May 2024, 7 homes were sold in Linn; 14% 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.