Is Lake Delton, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lake Delton has remained a Seller's Market.
Key Takeaway
Lake Delton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Delton, WI
How much do homes in Lake Delton, WI cost?
Median Sold Price
$236,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lake Delton have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Lake Delton was $236,500 in May 2024, up 8.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $146.5K | -2.3% |
| 2 Bedrooms | $245.7K | $172K | -30.0% |
| 3 Bedrooms | $224.9K | $336.5K | +49.6% |
| 4 Bedrooms | $377.5K | $349K | -7.5% |
| 5+ Bedrooms | $485K | $651.1K | +34.3% |
Summary: Lake Delton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 49.6%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Cities
| Wisconsin Dells | $185K | $217.5K | +17.6% |
| Wisconsin Dells | $195K | $219.9K | +12.8% |
| Lake Delton | $218K | $236.5K | +8.5% |
Housing Supply in Lake Delton, WI
How many homes are available in Lake Delton, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The Lake Delton real estate market had 39 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lake Delton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Delton, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Lake Delton in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Lake Delton, WI
We’re sorry, we don't have information for this market at the moment
