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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pewaukee is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Pewaukee, WI

How much do homes in Pewaukee, WI cost?

Median Sold Price

$429,666

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,666(+4.0%)

Key Takeaway

Homes in Pewaukee have sold for 4% more than they did a year ago.

Summary: The median home sold price in Pewaukee was $429,666 in March 2024, up 4% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $234.7K$235K
0.1%
2 $258K$312.7K
+21.2%
3 $440K$451.2K
+2.6%
4 $589.5K$661.4K
+12.2%
5+ $745K$870K
+16.8%

Summary: Pewaukee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Cities

Menomonee Falls
+11.4%
Lisbon
+8.3%
Brookfield
+6.5%
Waukesha
+4.3%
Pewaukee
+4.0%

Housing Supply in Pewaukee, WI

How many homes are available in Pewaukee, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6879+16.2%

Summary: The Pewaukee real estate market had 79 homes for sale in March 2024, a 16.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 2123
+9.5%
3 2125
+19.0%
4 1718
+5.9%
5+ 59
+80.0%

Summary: The Pewaukee 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 increased by 9.5%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
17170.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pewaukee, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Pewaukee in March 2024, the same as the previous month. Of the 17 sold homes, 12% were sold under asking, 24% were sold at asking, and 65% were sold over asking.

Days on Market for Pewaukee, 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 25 Days Ago

Newest Listings in Pewaukee, WI

Nearby Markets to Pewaukee, WI

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