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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenosha is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Kenosha has remained a Seller's Market.

Key Takeaway

Kenosha is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Kenosha, WI cost?

Median Sold Price

$219,075

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$26,075(+13.5%)

Key Takeaway

Homes in Kenosha have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $100K$125K
+25.0%
2 $166.7K$179.9K
+7.9%
3 $206K$229.9K
+11.6%
4 $249.9K$265K
+6.0%
5+ $395K$339K
-14.2%

Median Sold Price Compared To Nearby Cities

Somers
+17.8%
Kenosha
+13.5%
Pleasant Prairie
+13.0%

How many homes are available in Kenosha, WI?

Number of Homes For Sale

Jul 2022Aug 2022%
304321+5.6%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 65
-16.7%
2 6161
0.0%
3 172182
+5.8%
4 5759
+3.5%
5+ 814
+75.0%

Number of Homes Sold

Jul 2022Aug 2022%
10099-1.0%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenosha, you could pay more than the asking price. 49.5% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
28 Days15 Days-44.5%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kenosha are selling fast, if you're buying plan to act quickly.

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

About Kenosha, WI

Homes for sale in Kenosha, WI have reached 321. The inventory of homes for sale in Kenosha, WI between July 2022 and August 2022 increased by 5.6%. Listings spent 15 days on the market in August 2022, and had a median list price of $219,075 during the same period. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties went up by 25%, 2 bedrooms properties prices increased by 7.9%, the cost of 3 bedrooms properties went up by 11.6%, the cost of 4 bedrooms properties went up by 6%, 5 bedrooms properties became 14.2% more cheaper. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 16.7%, 2 bedrooms homes did not move, 3 bedrooms homes inventory increased by 5.8%, 4 bedrooms homes became 3.5% more available, 5 bedrooms homes inventory increased by 75%. Kenosha, WI housing market in August 2022 saw over 49 listings sold above listed price, more than 17 sold at listed price and over 33 sold below.

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