Lake Geneva, WI Home Values & Market Trends
Real estate market trends reflect that there have been 516 transactions over the past year in Lake Geneva. The median value for residential home transactions that occurred over the previous year is $342,600.52. The number of current listings in Lake Geneva is 15, and the percentage of properties for sale in the city is 15.00%. Lake Geneva, WI currently has 17 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 15 properties for sale.
Lake Geneva, WI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 53147 | $ 468,350 $ 213/sqft |
Housing Market Summary for Lake Geneva, WI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $494K | $189.8K | -61.58% |
| Median Sold Price | $321.1K | $189.8K | -40.88% |
| Homes For Sale | 17 | 13 | -23.53% |
| Homes Sold | 208 | 351 | 68.75% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Geneva, WI
Browse Homes in Lake Geneva, WI
Lake Geneva home values range from $81,680 to $1,235,000. The median estimated value of a home in Lake Geneva is $342,600.52. The median list price of a home is 499,500, and the total count of properties in the city is 7,391.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in Lake Geneva, WI with 53147 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Geneva, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $464,800 in 53147 to the lowest home value of $112,500 in 53147.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Geneva, WI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake Geneva, WI. There is 1 zips within Lake Geneva, WI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions53147 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Geneva, WI. Auction homes and other auction properties account for 0.04% of all properties in Lake Geneva, WI. There is 1 zips within Lake Geneva, WI; of that zips, the median estimated home value for homes going to auction ranges from $410,200 in 53147 to the lowest value of $170,300 in 53147.
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More Real Estate Resources for Lake Geneva, WI
Guide for Lake Geneva, WI
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.