$3,443 Closing Credit*
$289,900
1,172 SqFt
3 Beds
•1 Full Bath, 2 Partial
#1892380, Lifetime Realty Group*, Listing Office: Keller Williams Realty-Milwaukee Southwest
Is Hales Corners, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Hales Corners has remained a Seller's Market.
Key Takeaway
Hales Corners is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hales Corners, WI
How much do homes in Hales Corners, WI cost?
Median Sold Price
$360,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$40,000(+12.5%)
Key Takeaway
Homes in Hales Corners have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Hales Corners was $360,000 in August 2024, up 12.5% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $125.1K | +40.6% |
| 2 Bedrooms | $261.5K | $285K | +9.0% |
| 3 Bedrooms | $315K | $360.2K | +14.4% |
| 4 Bedrooms | $368.8K | $420K | +13.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hales Corners housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.6%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hales Corners | $320K | $360K | +12.5% |
| Franklin | $364.5K | $394.1K | +8.1% |
| Greendale | $325K | $350K | +7.7% |
| Greenfield | $265.5K | $284.9K | +7.3% |
| New Berlin | $387K | $406.3K | +5.0% |
Housing Supply in Hales Corners, WI
How many homes are available in Hales Corners, WI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Hales Corners real estate market had 18 homes for sale in August 2024, a 10.0% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hales Corners 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 decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hales Corners, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Hales Corners in August 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Hales Corners, WI
We’re sorry, we don't have information for this market at the moment
