Is Fontana-on-Geneva Lake, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontana-on-Geneva Lake is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Fontana-on-Geneva Lake has remained a Seller's Market.

Key Takeaway

Fontana-on-Geneva Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fontana-on-Geneva Lake, WI cost?

Median Sold Price

$607,500

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$220,000(+56.8%)

Key Takeaway

Homes in Fontana-on-Geneva Lake have sold for 56.8% 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$625K
+43.9%
4 $790K$703.1K
-11.0%
5+ $763.5K$1.5M
+96.5%

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-on-Geneva Lake, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
3539+11.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 1114
+27.3%
2 65
-16.7%
3 910
+11.1%
4 68
+33.3%
5+ 32
-33.3%

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-on-Geneva Lake, 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-on-Geneva Lake 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-on-Geneva Lake, WI

Fontana-on-Geneva Lake, WI has 39 homes on the market. Between March 2022 and April 2022, Fontana-on-Geneva Lake, WI real estate market has seen increase in the number of listings by 11.4%. In April 2022 median list price was $607,500 and the average listing age was 6 days. Real estate listing prices changed 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 increased by 43.9%, prices of 4 bedrooms properties decreased by 11%, the cost of 5 bedrooms properties went up by 96.5%. Housing inventory have changed in this real estate market: 1 bedroom homes became 27.3% more available, 2 bedrooms homes inventory decreased by 16.7%, the quantity of 3 bedrooms homes went up by 11.1%, 4 bedrooms homes inventory increased by 33.3%, number of 5 bedrooms homes decreased by 33.3%. While more than 4 listings in Fontana-on-Geneva Lake, WI in April 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below.

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