Is Cedar Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cedar Lake has remained a Buyer's Market.
Housing Prices in Cedar Lake, WI
How much do homes in Cedar Lake, WI cost?
Median Sold Price
$720,000
$180/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Cedar Lake was $720,000 in March 2024, up 87% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $425K | N/A |
3 Bedrooms | $385K | - | N/A |
4 Bedrooms | $385K | - | N/A |
5+ Bedrooms | - | $720K | N/A |
Summary: Cedar Lake housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cedar Lake, WI
How many homes are available in Cedar Lake, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Summary: The Cedar Lake real estate market had 26 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Cedar Lake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cedar Lake in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cedar Lake, WI
How long does it take to sell a home in Cedar 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
Summary: During March 2024, 3 homes were sold in Cedar Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.