Is West Bend, 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, West Bend has remained a Seller's Market.
Housing Prices in West Bend, WI
How much do homes in West Bend, WI cost?
Median Sold Price
$320,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Bend was $320,000 in May 2024, up 6.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | $129K | -25.2% |
2 Bedrooms | $189.9K | $229.2K | +20.7% |
3 Bedrooms | $302.5K | $325K | +7.4% |
4 Bedrooms | $379K | $415K | +9.5% |
5+ Bedrooms | $425K | $482.4K | +13.5% |
Summary: West Bend housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.2%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
Trenton | $375K | $434K | +15.7% |
West Bend | $300K | $320K | +6.7% |
Barton | $405K | $390K | -3.7% |
Housing Supply in West Bend, WI
How many homes are available in West Bend, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
163 | 183 | +12.3% |
Summary: The West Bend real estate market had 183 homes for sale in May 2024, a 12.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 43 | 47 | +9.3% |
3 Bedrooms | 81 | 91 | +12.3% |
4 Bedrooms | 31 | 35 | +12.9% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The West Bend housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 60 | +22.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in West Bend in May 2024, up by 22.4% month-over-month. Of the 60 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.
Days on Market for West Bend, WI
We’re sorry, we don't have information for this market at the moment