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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linn is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Linn has remained a Buyer's Market.

Key Takeaway

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

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

-$69,432(-8.2%)

Key Takeaway

Homes in Linn have sold for 8.2% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $190.2K$185K
-2.8%
2 $307K$345K
+12.4%
3 $385K$565K
+46.8%
4 $1.1M$975K
-15.2%
5+ $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
+14.5%
Geneva
+2.7%
Williams Bay
-7.7%
Linn
-8.2%

Housing Supply in Linn, WI

How many homes are available in Linn, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4956+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

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 77
0.0%
3 2026
+30.0%
4 109
-10.0%
5+ 1011
+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 2024May 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linn, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Linn, WI

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