Is Cudahy, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cudahy is a seller's market

Buyer's
Market

Difference Since August 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

$248,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$8,000(+3.3%)

Key Takeaway

Homes in Cudahy have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Cudahy was $248,000 in August 2024, up 3.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $95K$162.5K
+71.1%
2 $210K$228.8K
+9.0%
3 $240K$257K
+7.1%
4 $268.5K$270K
+0.6%
5+ $212.5K-
N/A

Summary: Cudahy housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.1%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint Francis
+7.1%
Milwaukee
+5.5%
South Milwaukee
+3.6%
Cudahy
+3.3%

Housing Supply in Cudahy, WI

How many homes are available in Cudahy, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3942+7.7%

Summary: The Cudahy real estate market had 42 homes for sale in August 2024, a 7.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 1013
+30.0%
3 2426
+8.3%
4 42
-50.0%
5+ 00
0.0%

Summary: The Cudahy housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cudahy, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Cudahy in August 2024, up by 6.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.

Days on Market for Cudahy, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Cudahy, WI

Nearby Markets to Cudahy, WI

What housing markets are near Cudahy, WI?