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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontana is a neutral's market

Buyer's
Market

Difference Since April 2021

Since last year, Fontana has remained a Neutral Market.

Key Takeaway

Fontana is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Fontana, WI cost?

Median Sold Price

$607,500

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$217,500(+55.8%)

Key Takeaway

Homes in Fontana have sold for 55.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $95K$106K
+11.6%
2 $285K$441K
+54.7%
3 $434.2K$565K
+30.1%
4 $790K$749K
-5.2%
5+ $852K$1.4M
+71.1%

Median Sold Price Compared To Nearby Cities

Fontana-on-Geneva Lake
+56.8%
Fontana
+55.8%
Linn
-4.6%

How many homes are available in Fontana, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
3742+13.5%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 1114
+27.3%
2 76
-14.3%
3 910
+11.1%
4 68
+33.3%
5+ 44
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fontana, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
17 Days6 Days-64.7%

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.

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

About Fontana, WI

Fontana, WI has 42 homes for sale to choose from. The inventory of homes for sale in Fontana, WI between March 2022 and April 2022 increased by 13.5%. In April 2022, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $607,500. Listing prices have changed in this real estate market between March 2022 and April 2022: prices of 1 bedroom properties increased by 11.6%, 2 bedrooms properties prices increased by 54.7%, prices of 3 bedrooms properties went up by 30.1%, prices of 4 bedrooms properties decreased by 5.2%, the cost of 5 bedrooms properties went up by 71.1%. Volume of homes for sale changed: 1 bedroom homes became 27.3% more available, volume of 2 bedrooms homes went down by 14.3%, 3 bedrooms homes inventory increased by 11.1%, number of 4 bedrooms homes increased by 33.3%, 5 bedrooms homes inventory did not change. In April 2022 more than 4 listings in Fontana, WI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below.

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