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Featured local agent — Lannon, WI
Sarah Mitchell
Compass Real Estate · Lannon, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lannon, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$589,900median sale price
How is the Lannon, WI housing market right now?
The median home sale price in Lannon, WI is $589,900, up 91.5% year-over-year. Homes sell in an average of 89 days with 16 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lannon a buyer's or seller's market?
Lannon, WI is currently a seller's market, based on 2.7 months of supply and homes selling in about 89 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
89
Average pace
Active listings
16
2.7 months supply
Sale-to-list
100.3%
Above asking
What does the Lannon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $589,900 |
| Year-over-year price change | +91.5% |
| Average days on market | 89 days |
| Active inventory | 16 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $249/sq ft |
| Homes sold (latest month) | 6 |
| Listings with a price cut | 6.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lannon by property type?
How the Lannon, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $517,450 | $174/sq ft | 2 | 25 days |
| Condo / Co-op | $589,900 | $249/sq ft | 6 | 89 days |
Source: Redfin · Updated monthly
The Lannon housing market is currently classified as a seller's market with a median sale price of $589,900. Prices have risen 91.5% compared to last year, with homes spending an average of 89 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.5x provides context for how home values compare to local earning capacity.
Homes for sale in Lannon
There are currently 16 homes listed for sale in Lannon, Wisconsin.
Active listings
16
Homes on market
Avg. days on market
89
Days until sale
Who lives in Lannon?
Population
1,475
Median income
$79,191/yr
Median age
41.9 years
Owner-occupied
83.2%
College grads
43.4%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lannon?
Zillow home value
$517,266
Price-to-income
6.5x
Source: Zillow Research
What is it like to live in Lannon?
Lannon is a community of approximately 1K residents with a median age of 41.9 years.The median household income is $79,191, which reflects a relatively affluent area with strong earning potential. 43.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lannon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lannon?
1 schools tracked · 349 students
The largest public schools serving Lannon, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lannon Elementary
Grades K-4 · 349 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lannon, WI?
Want a head-to-head view? Compare Lannon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lannon?
The median home sale price in Lannon is $589,900, up 91.5% from last year.
How long do homes stay on market in Lannon?
Homes typically spend 89 days on market before going under contract.
What is the median income in Lannon?
The median household income is $79,191 per year.
Is Lannon a buyer's or seller's market?
With 2.7 months of supply, Lannon is currently a seller's market.
What is the Zillow home value estimate for Lannon?
The Zillow Home Value Index (ZHVI) for Lannon is $517,266, representing the typical home value in the area.
What is the median condo price in Lannon?
The median condo/co-op sale price in Lannon, WI is $589,900, compared to $517,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lannon?
The median single-family home price in Lannon, WI is $517,450 (about $174 per square foot).
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