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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenosha County is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Kenosha County, WI

How much do homes in Kenosha County, WI cost?

Median Sold Price

$271,824

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$12,287(+4.7%)

Key Takeaway

Homes in Kenosha County have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Kenosha County was $271,824 in February 2024, up 4.7% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $148.5K$149.9K
+0.9%
2 $195K$205K
+5.1%
3 $261K$280.6K
+7.5%
4 $380K$363K
-4.5%
5+ $452.5K$481.2K
+6.4%

Summary: Kenosha County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Counties

Lake County
+6.7%
McHenry County
+6.0%
Racine County
+5.6%
Kenosha County
+4.7%

Housing Supply in Kenosha County, WI

How many homes are available in Kenosha County, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
312332+6.4%

Summary: The Kenosha County real estate market had 332 homes for sale in February 2024, a 6.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 56
+20.0%
2 6667
+1.5%
3 143160
+11.9%
4 8075
-6.3%
5+ 1824
+33.3%

Summary: The Kenosha County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
10265-36.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenosha County, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Kenosha County in February 2024, down by 36.3% month-over-month. Of the 65 sold homes, 48% were sold under asking, 15% were sold at asking, and 37% were sold over asking.

Days on Market for Kenosha County, WI

How long does it take to sell a home in Kenosha County, WI?

Average Sale Time

Feb 2023Feb 2024CHANGE
7 Days64 Days+814.3%

Summary: Homes in Kenosha County had an average of 64 days on market in Feb 2024, up by 814.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 65 homes were sold in Kenosha County; 5% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

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

Report Updated 28 Days Ago

Newest Listings in Kenosha County, WI

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