Fulton, WI Real Estate

The town of Fulton, Wisconsin is a rural community that is steadily developing. Populated by 3,271 people, the town is home to rural land, farming and urbanized subdivisions. Fulton is located less than 30 minutes from Janesville and 30 miles from Madison for those who need to commute. The area includes beautiful bodies of water including Lake Koshkonong and the Rock River. Friendly and safe, Fulton has an environment to cater any type of lifestyle.

The Fulton area offers a wide-selection of homes for sale. Real estate in the area includes vacation homes with access to Rock River and Lake Koshkonong. Houses on the market include custom built homes with many amenities, remodeled rural Ranches and beautiful waterfront properties.

The area has several Condominium developments that start around $98,000. Several units are uppers and lowers, but there are two-story units with a basement. Condos are also offered as rentals in the area. Homes and apartments are also rental options starting at $300 a month.

Home builders in the area include Natts Construction, Preferred Homes and Eastwood Homes. The average cost of a home is $173,810 with the cost of living 11.08% lower than the U.S. average.

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The Rock River and Lake Koshkonong are the main attractions for recreational opportunities. The Rock River offers fishermen white bass, walleyes, northern pike and catfish during seasonal fishing. Visitors of the river can also paddle and canoe on the gorgeous water. The river is host to the Break in the Weather parties that attracts belly-floppers and water-skiers who want to dash into the ice cold water.

Lake Koshkonong provides excellent scenery for those who fish in the beautiful water. Power boats, pontoon boats and sail boats are just a few of the marine vehicles seen during the summer months. Visitors can water-ski, jet-ski and go tubing to enjoy the warmer days of Wisconsin. The lake has become a popular spot during the winter months. People can be seen ice fishing, riding ATV’s and snowmobiling across the lake. Events such as the Koshkonong Bounty Hunt are held during the winter season and awards prizes for the biggest fish.

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Fulton properties for sale

Market Conditions
Market Conditions for Fulton - November 2019 | Shorewest Realtors®
November 2019

Market Conditions for Fulton

Median Sale Price Graph

Median Sale Price

The median sale price for homes in November was $108,500. The median sales price for homes in November fell by ($173,950) compared to last month. This represents a 61.58% decrease from October. Compared to the same month last year, the median price of homes fell by ($81,250) representing a -42.81% year-over-year change.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 7 in November to 22. This represents 24.13% decrease from October when 29 homes were on the market. Compared to the same month last year when there were 31 homes for sale, the inventory of homes for sale has fallen by 9 representing a -29.03% 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 6 homes sold in November was 1 less than in October. This represents a 14.28% decrease in sales from October. Compared to the same month last year, the number of homes sold decreased by 2, a -25% 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 November (62) decreased by 137 days compared to October. This represents a 68.84% decrease 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 decreased by 10, a -13.88% 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 88.15% in November fell by 4.68% compared to October and increased 1.67% 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 November (3) fell by 4 compared to October, a 57.14% change. Compared to November 2018, the number of new listings increased by 1, 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 November was $255,000. The median list price for homes in November fell by ($4,900) compared to last month. This represents a 1.88% decrease from October. Compared to the same month last year, the median list price of homes increased $71,300 representing a 38.81% year-over-year increase.




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