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 March 2023

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.

Housing Prices in Fontana-on-Geneva Lake, WI

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

Median Sold Price

$657,500

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$107,500(+19.5%)

Key Takeaway

Homes in Fontana-on-Geneva Lake have sold for 19.5% more than they did a year ago.

Summary: The median home sold price in Fontana-on-Geneva Lake was $657,500 in March 2024, up 19.5% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $110K$100K
-9.1%
2 $525K$524K
-0.2%
3 $635K$672.9K
+6.0%
4 $786.5K$795K
+1.1%
5+ $1.2M$1.5M
+28.3%

Summary: Fontana-on-Geneva Lake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 28.3%.

Median Sold Price Compared To Nearby Cities

Fontana
+22.7%
Fontana-on-Geneva Lake
+19.5%
Walworth
-2.7%
Linn
-16.7%

Housing Supply in Fontana-on-Geneva Lake, WI

How many homes are available in Fontana-on-Geneva Lake, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5458+7.4%

Summary: The Fontana-on-Geneva Lake real estate market had 58 homes for sale in March 2024, a 7.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 54
-20.0%
2 1516
+6.7%
3 1113
+18.2%
4 1619
+18.8%
5+ 76
-14.3%

Summary: The Fontana-on-Geneva Lake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fontana-on-Geneva Lake, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Fontana-on-Geneva Lake in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for Fontana-on-Geneva Lake, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 24 Days Ago

Newest Listings in Fontana-on-Geneva Lake, WI

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