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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mukwonago is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Mukwonago, WI

How much do homes in Mukwonago, WI cost?

Median Sold Price

$459,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,000(+2.0%)

Key Takeaway

Homes in Mukwonago have sold for 2% more than they did a year ago.

Summary: The median home sold price in Mukwonago was $459,000 in September 2024, up 2% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $215K-
N/A
2 $303.5K$334.9K
+10.3%
3 $398.5K$450K
+12.9%
4 $521K$500K
-4.0%
5+ $625K$560K
-10.4%

Summary: Mukwonago housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 10.4%.

Median Sold Price Compared To Nearby Cities

Vernon
+5.6%
Mukwonago
+2.0%

Housing Supply in Mukwonago, WI

How many homes are available in Mukwonago, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7786+11.7%

Summary: The Mukwonago real estate market had 86 homes for sale in September 2024, a 11.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1918
-5.3%
3 3642
+16.7%
4 1621
+31.3%
5+ 65
-16.7%

Summary: The Mukwonago housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mukwonago, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Mukwonago in September 2024, down by 5.0% month-over-month. Of the 19 sold homes, 26% were sold under asking, 16% were sold at asking, and 58% were sold over asking.

Days on Market for Mukwonago, 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 30 Days Ago

Newest Listings in Mukwonago, WI

Nearby Markets to Mukwonago, WI