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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Hallie is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Lake Hallie has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lake Hallie, WI

How much do homes in Lake Hallie, WI cost?

Median Sold Price

$350,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,900(-2.8%)

Key Takeaway

Homes in Lake Hallie have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Lake Hallie was $350,000 in April 2024, down 2.8% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$140K
N/A
2 $195K$230.5K
+18.2%
3 $334.5K$320K
-4.3%
4 $377.4K$413.4K
+9.5%
5+ $581.4K$350K
-39.8%

Summary: Lake Hallie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 39.8%.

Median Sold Price Compared To Nearby Cities

Eau Claire
+2.3%
Lake Hallie
-2.8%
Chippewa Falls
-6.8%

Housing Supply in Lake Hallie, WI

How many homes are available in Lake Hallie, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3546+31.4%

Summary: The Lake Hallie real estate market had 46 homes for sale in April 2024, a 31.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1619
+18.8%
4 915
+66.7%
5+ 55
0.0%

Summary: The Lake Hallie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
18+700.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Hallie, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Lake Hallie in April 2024, up by 700.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Lake Hallie, WI

How long does it take to sell a home in Lake Hallie, WI?

Breakdown of Home Sale Times

1 Home Was 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 Lake Hallie are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Lake Hallie; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Lake Hallie, WI

Nearby Markets to Lake Hallie, WI

What housing markets are near Lake Hallie, WI?