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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lomira is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lomira was a Buyer's Market.

Key Takeaway

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

Housing Prices in Lomira, WI

How much do homes in Lomira, WI cost?

Median Sold Price

$289,000

$156/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$5,900(-2.0%)

Key Takeaway

Homes in Lomira have sold for 2% less than they did a month ago.

Summary: The median home sold price in Lomira was $289,000 in February 2024, down 2% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $294.9K-
N/A
3 -$289K
N/A
4 --
N/A
5+ --
N/A

Summary: Lomira housing prices by bedroom type for February 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 Lomira, WI

How many homes are available in Lomira, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
89+12.5%

Summary: The Lomira real estate market had 9 homes for sale in February 2024, a 12.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 56
+20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Lomira housing inventory by bedroom type for February 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lomira, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lomira in February 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Lomira, 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 27 Days Ago

Newest Listings in Lomira, WI

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