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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lena is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Lena has remained a Seller's Market.

Key Takeaway

Lena is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lena, WI

How much do homes in Lena, WI cost?

Median Sold Price

$217,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$64,500(+42.2%)

Key Takeaway

Homes in Lena have sold for 42.2% more than they did a year ago.

Summary: The median home sold price in Lena was $217,500 in April 2024, up 42.2% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$222.5K
N/A
2 $107.5K$150K
+39.5%
3 $164K$197.5K
+20.4%
4 $220K$260.5K
+18.4%
5+ -$295K
N/A

Summary: Lena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.5%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes did not change.

Housing Supply in Lena, WI

How many homes are available in Lena, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
86-25.0%

Summary: The Lena real estate market had 6 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 43
-25.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Lena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lena, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lena in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Lena, 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 6 Days Ago

Newest Listings in Lena, WI

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