Is Kenosha County, 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 County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $148.5K | $149.9K | +0.9% |
2 Bedrooms | $195K | $205K | +5.1% |
3 Bedrooms | $261K | $280.6K | +7.5% |
4 Bedrooms | $380K | $363K | -4.5% |
5+ Bedrooms | $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 | $328.3K | $350.2K | +6.7% |
McHenry County | $297.3K | $315.1K | +6.0% |
Racine County | $244K | $257.6K | +5.6% |
Kenosha County | $259.5K | $271.8K | +4.7% |
Housing Supply in Kenosha County, WI
How many homes are available in Kenosha County, WI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
312 | 332 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 66 | 67 | +1.5% |
3 Bedrooms | 143 | 160 | +11.9% |
4 Bedrooms | 80 | 75 | -6.3% |
5+ Bedrooms | 18 | 24 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
102 | 65 | -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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
7 Days | 64 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
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.