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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontana is a buyer's market

Buyer's
Market

Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Fontana, WI

How much do homes in Fontana, WI cost?

Median Sold Price

$625,000

$339/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$75,000(+13.6%)

Key Takeaway

Homes in Fontana have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Fontana was $625,000 in November 2023, up 13.6% from last year, and the median price per square foot was $339.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $110K$115.2K
+4.8%
2 $492.5K$524K
+6.4%
3 $632.6K$699.5K
+10.6%
4 $670K$820K
+22.4%
5+ $1.2M$1.7M
+44.5%

Summary: Fontana housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 44.5%.

Median Sold Price Compared To Nearby Cities

Fontana
+13.6%
Fontana-on-Geneva Lake
+9.7%
Williams Bay
-3.2%
Linn
-11.7%

Housing Supply in Fontana, WI

How many homes are available in Fontana, WI?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
4951+4.1%

Summary: The Fontana real estate market had 51 homes for sale in November 2023, a 4.1% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 910
+11.1%
2 1210
-16.7%
3 1416
+14.3%
4 911
+22.2%
5+ 54
-20.0%

Summary: The Fontana housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
87-12.5%

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 Fontana, 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 Fontana in November 2023, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

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

Report Updated 2 Days Ago

Newest Listings in Fontana, WI

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