Lake Housing Market Report February 2025•Price County, Wisconsin

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Housing Prices in Lake, WI

How much do homes in Lake, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$344,900$224/SqFt
+$168,000
+95.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Lake has increased by 95% since last year.

Summary: The median home list price in Lake was $344,900 in February 2025, up 95% from the previous year, and the median price per square foot was $224.

Median List Price By Cities

Median List 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 YoY
Lake
+95.0%
Park Falls
+2.0%
Chippewa
-23.8%

Median List Price By Bedrooms

Median List 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 2024Feb 2025Change YoY
1$176.9K-
N/A
2$135.9K$164.9K
+21.3%
3$233.4K$359.9K
+54.2%
4$649.9K$499.9K
-23.1%
5--
N/A

Summary: Lake housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +21.3%. The home price for 3 bedroom homes increased by +54.2%. The home price for 4 bedroom homes decreased by -23.1%. The home price for 5 bedroom homes did not change.

Housing supply in Lake, WI

How many homes are available in 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
2Last MonthFeb 2025
22 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Lake real estate market had 2 homes for sale in Feb 2025, the same as Jan 2025

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.
BedsJan 2025Feb 2025Change MoM
411
0.0%
100
0.0%
211
0.0%
300
0.0%
500
0.0%

Summary: Lake housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 4 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 remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 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 Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Lake in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Lake, WI

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
146 DaysThis YearFeb 2025
187 Days1 year agoFeb 2024
-21.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Lake had an average listing age of 146 days in Feb 2025, down by 21.7% compared to the previous year.

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Newest Listings in Lake, WI

What homes are available in Lake, WI?

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Nearby markets

Nearby markets aren't available for Lake, WI

Popular Cities with Homes for Sale in Wisconsin

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, for the period 03/01/2023 - 03/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.