Is Cudahy, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cudahy has remained a Seller's Market.
Key Takeaway
Cudahy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cudahy, WI
How much do homes in Cudahy, WI cost?
Median Sold Price
$246,250
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Cudahy have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Cudahy was $246,250 in May 2024, up 4.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $160K | +68.4% |
| 2 Bedrooms | $200K | $225K | +12.5% |
| 3 Bedrooms | $240K | $256.2K | +6.8% |
| 4 Bedrooms | $262.5K | $266.5K | +1.5% |
| 5+ Bedrooms | $259.9K | - | N/A |
Summary: Cudahy housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.4%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saint Francis | $230K | $265K | +15.2% |
| South Milwaukee | $240K | $260K | +8.3% |
| Cudahy | $235K | $246.2K | +4.8% |
| Milwaukee | $225.2K | $234.9K | +4.3% |
Housing Supply in Cudahy, WI
How many homes are available in Cudahy, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 44 | +12.8% |
Summary: The Cudahy real estate market had 44 homes for sale in May 2024, a 12.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cudahy housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cudahy, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Cudahy in May 2024, up by 23.1% month-over-month. Of the 16 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for Cudahy, WI
We’re sorry, we don't have information for this market at the moment
