Is West Allis, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Allis has remained a Seller's Market.
Housing Prices in West Allis, WI
How much do homes in West Allis, WI cost?
Median Sold Price
$240,700
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Allis was $240,700 in April 2024, up 9.4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $113K | $105.5K | -6.6% |
2 Bedrooms | $171K | $198K | +15.8% |
3 Bedrooms | $227.8K | $250K | +9.7% |
4 Bedrooms | $243K | $249.5K | +2.7% |
5+ Bedrooms | $260K | $288K | +10.8% |
Summary: West Allis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
Wauwatosa | $340K | $375.6K | +10.5% |
West Allis | $220K | $240.7K | +9.4% |
Greenfield | $257.9K | $282.2K | +9.4% |
Milwaukee | $225K | $234.7K | +4.3% |
Housing Supply in West Allis, WI
How many homes are available in West Allis, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 123 | +18.3% |
Summary: The West Allis real estate market had 123 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 24 | 38 | +58.3% |
3 Bedrooms | 55 | 66 | +20.0% |
4 Bedrooms | 19 | 16 | -15.8% |
5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The West Allis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 40 | +11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in West Allis in April 2024, up by 11.1% month-over-month. Of the 40 sold homes, 15% were sold under asking, 15% were sold at asking, and 70% were sold over asking.
Days on Market for West Allis, WI
We’re sorry, we don't have information for this market at the moment