Lake Delton's real estate market is experiencing a price correction, with values down 19.8% from last year. Home prices have decreased 21.9% in the past month. With 5.2 months of supply, Lake Delton's inventory levels remain relatively tight. Homes are now taking an average of 90 days to sell, significantly longer than the 53 days typical for this market. Only 9.7% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Lake Delton market with the affordability index at 300.9. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
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