Bone Lake Housing Market Report March 2025•Polk County, Wisconsin

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Housing Prices in Bone Lake, WI

How much do homes in Bone Lake, WI cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Bone Lake is a Seller's Market

Difference Since February 2025

Last month, Bone Lake has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$329,900$190/SqFt
-$52,100
-13.6%

Based on all homes sold in March 2025

Insight

Homes in Bone Lake have sold for 13.6% less than they did a month ago.

Summary: The median home sold price in Bone Lake was $329,900 in March 2025, down 13.6% from last month, and the median price per square foot was $190.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Georgetown
+27.5%
Bone Lake
-13.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2--
N/A
3$382K$329.9K
-13.6%
4--
N/A
5--
N/A

Summary: Bone Lake housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -13.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Bone Lake, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Bone Lake, WI

Housing supply in Bone Lake, WI

How many homes are available in Bone Lake, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthMar 2025
22 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

Summary: The Bone Lake real estate market had 4 homes for sale in Mar 2025, a 100.0 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthMar 2025
12 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
400
0.0%
500
0.0%
100
0.0%
200
0.0%
324
+100.0%

Summary: Bone Lake housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Bone Lake, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Bone Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bone Lake in March 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Bone Lake, WI

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Bone Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 1 homes were sold in Bone Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
171 DaysLast MonthMar 2025
148 Days1 month agoFeb 2025
+15.5 %
Change MoMFeb – Mar

Summary: Homes in Bone Lake had an average listing age of 171 days in Mar 2025, up by 15.5% compared to the previous month.

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Newest Listings in Bone Lake, WI

What homes are available in Bone Lake, WI?

New listings aren’t available for Bone Lake, WI

Nearby markets

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