Is Cedarburg, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cedarburg was a Neutral Market.
Key Takeaway
Cedarburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedarburg, WI
How much do homes in Cedarburg, WI cost?
Median Sold Price
$467,950
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cedarburg have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Cedarburg was $467,950 in April 2024, up 4.7% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $251.7K | $285K | +13.2% |
| 3 Bedrooms | $422.5K | $403K | -4.6% |
| 4 Bedrooms | $534.2K | $550.7K | +3.1% |
| 5+ Bedrooms | $830.5K | $709.9K | -14.5% |
Summary: Cedarburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 14.5%.
Housing Supply in Cedarburg, WI
How many homes are available in Cedarburg, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The Cedarburg real estate market had 38 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Cedarburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedarburg, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Cedarburg in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Cedarburg, WI
We’re sorry, we don't have information for this market at the moment
