Is Genesee, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Genesee has remained a Seller's Market.
Key Takeaway
Genesee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Genesee, WI
How much do homes in Genesee, WI cost?
Median Sold Price
$520,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Genesee have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Genesee was $520,000 in March 2024, up 1.3% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | - | N/A |
| 3 Bedrooms | $380K | $500K | +31.6% |
| 4 Bedrooms | $527.5K | $523.5K | -0.8% |
| 5+ Bedrooms | $657.5K | $720K | +9.5% |
Summary: Genesee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Waukesha | $349.9K | $364.9K | +4.3% |
| Genesee | $513.2K | $520K | +1.3% |
Housing Supply in Genesee, WI
How many homes are available in Genesee, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Genesee real estate market had 14 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Genesee housing inventory by bedroom type for March 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 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Genesee, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Genesee in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Genesee, WI
We’re sorry, we don't have information for this market at the moment
