Is Kenosha, 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, Kenosha has remained a Seller's Market.
Housing Prices in Kenosha, WI
How much do homes in Kenosha, WI cost?
Median Sold Price
$245,493
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Kenosha was $245,493 in February 2024, up 6.6% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $142.9K | +4.3% |
2 Bedrooms | $189.4K | $200.1K | +5.6% |
3 Bedrooms | $241.3K | $255K | +5.7% |
4 Bedrooms | $300K | $315.5K | +5.2% |
5+ Bedrooms | $370K | $425K | +14.9% |
Summary: Kenosha housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
Somers | $265K | $289.4K | +9.2% |
Kenosha | $230.3K | $245.4K | +6.6% |
Pleasant Prairie | $370K | $370K | 0.0% |
Housing Supply in Kenosha, WI
How many homes are available in Kenosha, WI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
184 | 198 | +7.6% |
Summary: The Kenosha real estate market had 198 homes for sale in February 2024, a 7.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 43 | 42 | -2.3% |
3 Bedrooms | 92 | 103 | +12.0% |
4 Bedrooms | 41 | 42 | +2.4% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Kenosha housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
65 | 41 | -36.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Kenosha in February 2024, down by 36.9% month-over-month. Of the 41 sold homes, 44% were sold under asking, 12% were sold at asking, and 44% were sold over asking.
Days on Market for Kenosha, WI
How long does it take to sell a home in Kenosha, WI?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
13 Days | 13 Days | 0.0% |
Summary: Homes in Kenosha had an average of 13 days on market in Feb 2024, the same as last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 41 homes were sold in Kenosha; 5% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.