Is Old North Milwaukee, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Old North Milwaukee was a Seller's Market.
Key Takeaway
Old North Milwaukee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Old North Milwaukee, WI
How much do homes in Old North Milwaukee, WI cost?
Median Sold Price
$90,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Old North Milwaukee have sold for 11.9% less than they did a year ago.
Summary: The median home sold price in Old North Milwaukee was $90,000 in April 2024, down 11.9% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.5K | - | N/A |
| 2 Bedrooms | $79.9K | $71.8K | -10.0% |
| 3 Bedrooms | $112.4K | $89.5K | -20.4% |
| 4 Bedrooms | $115K | $128.5K | +11.7% |
| 5+ Bedrooms | $122.5K | $182K | +48.6% |
Summary: Old North Milwaukee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 48.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Thurston Woods | $118.6K | $125K | +5.4% |
| Garden Homes | $93K | $98K | +5.4% |
| Lincoln Park | $120K | $115.2K | -4.0% |
| Old North Milwaukee | $102.2K | $90K | -11.9% |
| Near North | $102.9K | $90K | -12.6% |
Housing Supply in Old North Milwaukee, WI
How many homes are available in Old North Milwaukee, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 41 | +28.1% |
Summary: The Old North Milwaukee real estate market had 41 homes for sale in April 2024, a 28.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 18 | 25 | +38.9% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Old North Milwaukee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Old North Milwaukee, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Old North Milwaukee in April 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Old North Milwaukee, WI
We’re sorry, we don't have information for this market at the moment
