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 Last Month

Last month, Lena was a Buyer'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

$210,000

$143/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$170,000(+425.0%)

Key Takeaway

Homes in Lena have sold for 425% more than they did a month ago.

Summary: The median home sold price in Lena was $210,000 in March 2024, up 425% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$225K
N/A
2 -$149K
N/A
3 -$210K
N/A
4 $40K-
N/A
5+ --
N/A

Summary: Lena housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, 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

Feb 2024Mar 2024CHANGE
990.0%

Summary: The Lena real estate market had 9 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 44
0.0%
4 10
-100.0%
5+ 11
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Lena in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 25 Days Ago

Newest Listings in Lena, WI

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