Living in Lily, WI
Lily, WI, is a serene small town in Wisconsin renowned for its natural beauty and outdoor activities. Surrounded by forests and lakes, it offers a peaceful community atmosphere, with an array of recreational options nearby. Residents enjoy a blend of rural charm and access to essential amenities, making it an excellent place to call home.
Current Market Conditions in Lily, WI
The current real estate market in Lily, WI, shows signs of moderate growth, with families and retirees seeking affordable housing options in the picturesque countryside. The demand for homes near lakes and parks is steadily increasing, pushing prices gently upward while maintaining the charm of small-town living.
Since the start of the year, home sales in Lily have seen an upswing, with potential buyers drawn to the area's tranquility and scenic surroundings. Property values are beginning to stabilize, reflecting a balanced market where supply meets buyer demand.
Home Value Estimator For Lily, WI
There are currently 232 real estate properties
in Lily, WI,
with a median automated valuation model (AVM) price
of $180,604.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lily, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lily, WI,
is $191,940.00, with the most expensive house
in Lily, WI, topping out
at $569,302.00 and the cheapest home
in Lily, WI,
clocking in at $18,418.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lily, WI!
Rent Prices
In Lily, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lily, WI, is on
a rollercoaster ride. The
average rent price in Lily, WI,
is $1,498.00. Indeed, when looking to rent in
Lily, WI, you can expect to pay as little
as $880.00 or as much
as $1,810.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Lily, WI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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