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

Housing Market Conditions



Gauge showing Waukesha is a seller's market


Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Waukesha, WI

How much do homes in Waukesha, WI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Waukesha have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Waukesha was $365,500 in November 2023, up 7.6% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $147.7K$157.7K
2 $236K$251K
3 $328.2K$350K
4 $410K$440K
5+ $530K$550K

Summary: Waukesha housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Waukesha, WI

How many homes are available in Waukesha, WI?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Waukesha real estate market had 260 homes for sale in November 2023, a 1.1% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 77
2 4245
3 125123
4 7167
5+ 1818

Summary: The Waukesha housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waukesha, you could pay more than the asking price. 48.2% of homes here sold above asking price last month.

Summary: A total of 83 homes were sold or pending in Waukesha in November 2023, up by 7.8% month-over-month. Of the 83 sold homes, 35% were sold under asking, 17% were sold at asking, and 48% were sold over asking.

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

Report Updated 3 Days Ago

Newest Listings in Waukesha, WI

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