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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lenroot is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Lenroot was a Seller's Market.

Key Takeaway

Lenroot is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lenroot, WI

How much do homes in Lenroot, WI cost?

Median Sold Price

$550,000

$317/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$200,000(+57.1%)

Key Takeaway

Homes in Lenroot have sold for 57.1% more than they did a month ago.

Summary: The median home sold price in Lenroot was $550,000 in April 2024, up 57.1% from last month, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $325K$550K
+69.2%
3 $800K-
N/A
4 $265K-
N/A
5+ --
N/A

Summary: Lenroot housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Barnes
+88.5%
Lenroot
+57.1%
Cable
-20.0%
Round Lake
-45.0%

Housing Supply in Lenroot, WI

How many homes are available in Lenroot, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
129-25.0%

Summary: The Lenroot real estate market had 9 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 42
-50.0%
4 21
-50.0%
5+ 13
+200.0%

Summary: The Lenroot housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lenroot, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Lenroot in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lenroot, 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 10 Days Ago

Newest Listings in Lenroot, WI

Nearby Markets to Lenroot, WI

What housing markets are near Lenroot, WI?