Lannon, WI Real Estate

Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Lannon Elementary School  (Lannon) Hamilton School District Public 274 13 LANNON ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 1,247 406,801 5,852,878
Total Households 539 158,933 2,349,819
Total Families 390 113,516 1,516,725
Percent Male 50% 49% 50%
Percent Female 50% 51% 50%
White Collar Jobs 41% 58% 58%
Blue Collar Jobs 59% 42% 42%

Top Occupations

Professions Population Employed
Construction 164
Professional Services 152
Maintenance 136
Manufacturing 118
Sales 92
Transportation 85
Management 59
Healthcare 38
Social Services 35
Education 29

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 39 7,569 224,571
High School Graduate 286 67,894 1,256,597
Some College 221 58,126 833,955
Associates Degree 116 27,255 410,260
Bachelors Degree 156 78,050 747,113
Graduate Degree 100 40,757 384,121

Education Attainment


Market Conditions
Market Conditions for Lannon - February 2024 | Shorewest Realtors®
February 2024

Market Conditions for Lannon

Median Sale Price Graph

Median Sale Price

The median sale price for homes in February was $713,147. The median sales price for homes in February rose by $78,147 compared to last month. This represents a 12.3% increase from January. Compared to the same month last year, the median price of homes rose by $128,247 representing a 21.92% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 1 in February to 19. This represents 5% decrease from January when 20 homes were on the market. Compared to the same month last year when there were 20 homes for sale, the inventory of homes for sale has fallen by 1 representing a -5% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 2 homes sold in February was 1 more than in January. This represents a 100% increase in sales from January. Compared to the same month last year, the number of homes sold decreased by 3, a -60% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in February (234) increased by 184 days compared to January. This represents a 368% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 137, a 141.23% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 112.58% in February rose by 13.29% compared to January and increased 7.31% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in February (2) fell by 1 compared to January, a 33.33% change. Compared to February 2023, the number of new listings decreased by 2, a -50% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in February was $532,450. The median list price for homes in February fell by ($57,540) compared to last month. This represents a 9.75% decrease from January. Compared to the same month last year, the median list price of homes decreased ($54,950) representing a -9.35% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.