Is Long Lake, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Long Lake has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Long Lake, WI

How much do homes in Long Lake, WI cost?

Median Sold Price

$350,000

$220/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$121,552(+53.2%)

Key Takeaway

Homes in Long Lake have sold for 53.2% more than they did a month ago.

Summary: The median home sold price in Long Lake was $350,000 in March 2024, up 53.2% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$125K
N/A
2 --
N/A
3 $311.8K-
N/A
4 $145K$575K
+296.6%
5+ --
N/A

Summary: Long Lake 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 increased by 296.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sarona
+121.9%
Long Lake
+53.2%
Oak Grove
-49.6%

Housing Supply in Long Lake, WI

How many homes are available in Long Lake, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
11110.0%

Summary: The Long Lake real estate market had 11 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 02
+100.0%
3 87
-12.5%
4 21
-50.0%
5+ 00
0.0%

Summary: The Long Lake 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 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 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 Long Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Long Lake in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Long Lake, 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 Long Lake, WI

Nearby Markets to Long Lake, WI