Is Paddock Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Paddock Lake has remained a Seller's Market.
Housing Prices in Paddock Lake, WI
How much do homes in Paddock Lake, WI cost?
Median Sold Price
$330,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Paddock Lake was $330,000 in March 2024, up 16.9% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $176.5K | $195K | +10.5% |
3 Bedrooms | $275K | $298.5K | +8.5% |
4 Bedrooms | $390K | $395K | +1.3% |
5+ Bedrooms | $495.9K | $398.9K | -19.6% |
Summary: Paddock Lake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
Paddock Lake | $282.2K | $330K | +16.9% |
Salem | $330K | $335K | +1.5% |
Housing Supply in Paddock Lake, WI
How many homes are available in Paddock Lake, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Summary: The Paddock Lake real estate market had 15 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 10 | +100.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Paddock 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Paddock Lake in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Paddock Lake, WI
We’re sorry, we don't have information for this market at the moment