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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walworth is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Walworth, WI

How much do homes in Walworth, WI cost?

Median Sold Price

$329,950

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,050(-2.7%)

Key Takeaway

Homes in Walworth have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Walworth was $329,950 in March 2024, down 2.7% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $155K-
N/A
2 $235.7K$187.5K
-20.5%
3 $340K$320K
-5.9%
4 $350K$384.9K
+10.0%
5+ $676.5K-
N/A

Summary: Walworth 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 decreased by 20.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fontana
+22.7%
Fontana-on-Geneva Lake
+19.5%
Walworth
-2.7%

Housing Supply in Walworth, WI

How many homes are available in Walworth, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
17170.0%

Summary: The Walworth real estate market had 17 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 78
+14.3%
4 32
-33.3%
5+ 23
+50.0%

Summary: The Walworth 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 20%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walworth, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Walworth in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Walworth, WI

How long does it take to sell a home in Walworth, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Walworth are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Walworth; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Walworth, WI

Nearby Markets to Walworth, WI

What housing markets are near Walworth, WI?