Is Twin Lakes, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twin Lakes is a seller's market

Buyer's
Market

Difference Since April 2021

At the same time last year, Twin Lakes was a Neutral Market.

Key Takeaway

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

How much do homes in Twin Lakes, WI cost?

Median Sold Price

$280,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$30,000(+12.0%)

Key Takeaway

Homes in Twin Lakes have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $171.4K-
N/A
2 $250K$215K
-14.0%
3 $272.5K$282.5K
+3.7%
4 $253K$399K
+57.7%
5+ $373K$323K
-13.4%

Median Sold Price Compared To Nearby Cities

Richmond Township
+18.6%
Twin Lakes
+12.0%
Fox Lake
+11.0%
Burton Township
+8.8%

How many homes are available in Twin Lakes, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
3335+6.1%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 99
0.0%
3 1617
+6.3%
4 44
0.0%
5+ 45
+25.0%

Number of Homes Sold

Mar 2022Apr 2022%
615+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twin Lakes, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Twin Lakes are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Twin Lakes, WI

There are 35 homes are for sale in Twin Lakes, WI real estate market. The number of homes for sale in Twin Lakes, WI increased by 6.1% between March 2022 and April 2022. While the average time on the market in April 2022 was 6 days, the median list price was $280,000. Between March 2022 and April 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 14% more cheaper, 3 bedrooms properties prices increased by 3.7%, the cost of 4 bedrooms properties went up by 57.7%, 5 bedrooms properties prices decreased by 13.4%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 6.3%, 4 bedrooms homes inventory did not change, 5 bedrooms homes became 25% more available. Over 7 listings were sold over their listed price in April 2022 in Twin Lakes, WI. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price.

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