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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walworth County is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Walworth County, WI cost?

Median Sold Price

$319,697

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$46,030(+16.8%)

Key Takeaway

Homes in Walworth County have sold for 16.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $107K$117.7K
+10.0%
2 $195K$235K
+20.5%
3 $292K$325.9K
+11.6%
4 $360.5K$417.5K
+15.8%
5+ $769K$650K
-15.5%

Median Sold Price Compared To Nearby Counties

Waukesha County
+24.4%
Walworth County
+16.8%
Racine County
+11.7%
Kenosha County
+10.1%
McHenry County
+8.8%

How many homes are available in Walworth County, WI?

Number of Homes For Sale

Oct 2022Nov 2022%
509454-10.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 3329
-12.1%
2 9780
-17.5%
3 208192
-7.7%
4 112102
-8.9%
5+ 5951
-13.6%

Number of Homes Sold

Oct 2022Nov 2022%
14196-31.9%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walworth County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
57 Days36 Days-36.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Walworth County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Walworth County, WI

Homes for sale in Walworth County, WI have reached 454. The number of listings in Walworth County, WI decreased by 10.8% between October 2022 and November 2022. In November 2022, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $319,697. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 10%, prices of 2 bedrooms properties went up by 20.5%, prices of 3 bedrooms properties went up by 11.6%, 4 bedrooms properties became 15.8% more expensive, 5 bedrooms properties prices decreased by 15.5%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 12.1%, number of 2 bedrooms homes decreased by 17.5%, 3 bedrooms homes inventory decreased by 7.7%, 4 bedrooms homes became 8.9% less available, the quantity of 5 bedrooms homes went down by 13.6%. In November 2022 more than 22 listings in Walworth County, WI were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 54 were sold below.

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