Is Cedarburg, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Cedarburg has remained a Seller's Market.
Housing Prices in Cedarburg, WI
How much do homes in Cedarburg, WI cost?
Median Sold Price
$470,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Cedarburg was $470,000 in February 2024, up 4.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | - | N/A |
2 Bedrooms | $251.7K | $279.9K | +11.2% |
3 Bedrooms | $408K | $422K | +3.4% |
4 Bedrooms | $548.6K | $578K | +5.4% |
5+ Bedrooms | $693.9K | $725K | +4.5% |
Summary: Cedarburg housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in Cedarburg, WI
How many homes are available in Cedarburg, WI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
34 | 28 | -17.6% |
Summary: The Cedarburg real estate market had 28 homes for sale in February 2024, a 17.6% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Cedarburg housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Cedarburg in February 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Cedarburg, WI
We’re sorry, we don't have information for this market at the moment