Is Round 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, Round Lake has remained a Seller's Market.
Key Takeaway
Round Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Round Lake, WI
How much do homes in Round Lake, WI cost?
Median Sold Price
$375,000
$276/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Round Lake have sold for 65.2% more than they did a month ago.
Summary: The median home sold price in Round Lake was $375,000 in May 2024, up 65.2% from last month, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.9K | - | N/A |
| 2 Bedrooms | $227K | $297.5K | +31.1% |
| 3 Bedrooms | - | $641.4K | N/A |
| 4 Bedrooms | $700K | $441.5K | -36.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Round Lake housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 36.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hunter | $425K | $790.7K | +86.0% |
| Round Lake | $227K | $375K | +65.2% |
| Lenroot | $550K | $549.5K | -0.1% |
Housing Supply in Round Lake, WI
How many homes are available in Round Lake, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Round Lake real estate market had 23 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Round Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Round Lake, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Round Lake in May 2024, up by 120.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Round Lake, WI
We’re sorry, we don't have information for this market at the moment
