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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linn is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Linn was a Seller's Market.

Key Takeaway

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

Housing Prices in Linn, WI

How much do homes in Linn, WI cost?

Median Sold Price

$675,000

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$135,000(-16.7%)

Key Takeaway

Homes in Linn have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Linn was $675,000 in March 2024, down 16.7% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $177.5K$194K
+9.3%
2 $414K$345K
-16.7%
3 $377.5K$455K
+20.5%
4 $1.1M$840K
-29.6%
5+ $3.1M$4.2M
+35.5%

Summary: Linn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes increased by 35.5%.

Median Sold Price Compared To Nearby Cities

Lake Geneva
+8.3%
Geneva
-0.4%
Linn
-16.7%

Housing Supply in Linn, WI

How many homes are available in Linn, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2742+55.6%

Summary: The Linn real estate market had 42 homes for sale in March 2024, a 55.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 44
0.0%
3 515
+200.0%
4 1114
+27.3%
5+ 57
+40.0%

Summary: The Linn 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

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 Linn, 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 Linn in March 2024, up by 50.0% 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 Linn, 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 Linn, WI

Nearby Markets to Linn, WI

What housing markets are near Linn, WI?