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.

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and Midwest Real Estate Data for the period 09/01/2020 - 09/01/2022

© 2022 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/26/2022, 12:55:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/26/2022, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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