Is Linn, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linn is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Linn was a Buyer's Market.

Key Takeaway

Linn is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Linn, WI

How much do homes in Linn, WI cost?

Median Sold Price

$700,500

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$79,500(-10.2%)

Key Takeaway

Homes in Linn have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in Linn was $700,500 in April 2024, down 10.2% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $190.2K$185K
-2.8%
2 $360.5K$305K
-15.4%
3 $385K$455K
+18.2%
4 $1.1M$975K
-15.2%
5+ $2.9M$4.0M
+34.5%

Summary: Linn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 34.5%.

Median Sold Price Compared To Nearby Cities

Lake Geneva
+13.1%
Geneva
+2.7%
Williams Bay
-7.2%
Linn
-10.2%

Housing Supply in Linn, WI

How many homes are available in Linn, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3951+30.8%

Summary: The Linn real estate market had 51 homes for sale in April 2024, a 30.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 45
+25.0%
3 1423
+64.3%
4 1213
+8.3%
5+ 77
0.0%

Summary: The Linn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 64.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linn, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Linn in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.

Days on Market for Linn, WI

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

Breakdown of Home Sale Times

3 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 Linn are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Linn; 38% 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 Linn, WI

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