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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Milton was a Buyer's Market.

Key Takeaway

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

Housing Prices in Milton, WI

How much do homes in Milton, WI cost?

Median Sold Price

$310,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$38,500(+14.2%)

Key Takeaway

Homes in Milton have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Milton was $310,000 in March 2024, up 14.2% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $199.9K-
N/A
2 $211.5K$240.1K
+13.5%
3 $358K$314K
-12.3%
4 $285K$383.5K
+34.6%
5+ $984.9K$500K
-49.2%

Summary: Milton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes decreased by 49.2%.

Housing Supply in Milton, WI

How many homes are available in Milton, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3439+14.7%

Summary: The Milton real estate market had 39 homes for sale in March 2024, a 14.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1110
-9.1%
3 913
+44.4%
4 1013
+30.0%
5+ 32
-33.3%

Summary: The Milton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milton, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Milton in March 2024, up by 100.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.

Days on Market for Milton, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Newest Listings in Milton, WI

Nearby Markets to Milton, WI