Is River Hills, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing River Hills is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, River Hills was a Seller's Market.

Key Takeaway

River Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in River Hills, WI

How much do homes in River Hills, WI cost?

Median Sold Price

$785,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$40,000(-4.8%)

Key Takeaway

Homes in River Hills have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in River Hills was $785,000 in August 2024, down 4.8% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $219.5K-
N/A
3 $347K$322.5K
-7.1%
4 $812.5K$832.4K
+2.5%
5+ $995K$810K
-18.6%

Summary: River Hills housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 18.6%.

Median Sold Price Compared To Nearby Cities

Glendale
+17.1%
Brown Deer
+11.3%
Fox Point
+4.4%
River Hills
-4.8%
Bayside
-14.8%

Housing Supply in River Hills, WI

How many homes are available in River Hills, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
79+28.6%

Summary: The River Hills real estate market had 9 homes for sale in August 2024, a 28.6% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 34
+33.3%
5+ 33
0.0%

Summary: The River Hills housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in River Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in River Hills in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for River Hills, 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 19 Days Ago

Newest Listings in River Hills, WI

Nearby Markets to River Hills, WI

What housing markets are near River Hills, WI?