Is Turtle Lake, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Turtle Lake has remained a Seller's Market.
Housing Prices in Turtle Lake, WI
How much do homes in Turtle Lake, WI cost?
Median Sold Price
$232,500
$181/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Turtle Lake was $232,500 in March 2024, down 19% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $55K | N/A |
3 Bedrooms | $205K | $232.5K | +13.4% |
4 Bedrooms | $476K | $665K | +39.7% |
5+ Bedrooms | - | - | N/A |
Summary: Turtle 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 increased by 13.4%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Beaver | $476K | $620K | +30.3% |
Turtle Lake | $287K | $232.5K | -19.0% |
Housing Supply in Turtle Lake, WI
How many homes are available in Turtle Lake, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 33 | +6.5% |
Summary: The Turtle Lake real estate market had 33 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 19 | 16 | -15.8% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Turtle 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 200%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Turtle Lake in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Turtle Lake, WI
How long does it take to sell a home in Turtle Lake, WI?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 43 Days | +39.4% |
Summary: Homes in Turtle Lake had an average of 43 days on market in Mar 2024, up by 39.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Turtle Lake; 29% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.