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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waukesha is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Waukesha, WI cost?

Median Sold Price

$266,117

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$21,117(+8.6%)

Key Takeaway

Homes in Waukesha have sold for 8.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $105K$120K
+14.3%
2 $211K$225K
+6.6%
3 $260K$282.5K
+8.7%
4 $339.9K$345K
+1.5%
5+ $264.2K$441K
+66.9%

Median Sold Price Compared To Nearby Cities

New Berlin
+18.6%
Pewaukee
+17.3%
Waukesha
+8.6%

How many homes are available in Waukesha, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
170207+21.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 67
+16.7%
2 4946
-6.1%
3 7095
+35.7%
4 4357
+32.6%
5+ 22
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
6252-16.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

41 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. 78.8% of homes here sold above asking price last month.

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 Waukesha are selling fast, if you're buying plan to act quickly.

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

About Waukesha, WI

Number of homes for sale in Waukesha, WI real estate market have reached 207. Between March 2022 and April 2022, Waukesha, WI real estate market has seen increase in the number of listings by 21.8%. In April 2022, listings were on the market for 4 days. During the same period, the median list price in this real estate market was $266,117. This housing market listing prices have changed between March 2022 and April 2022: 1 bedroom properties became 14.3% more expensive, the cost of 2 bedrooms properties went up by 6.6%, prices of 3 bedrooms properties increased by 8.7%, the cost of 4 bedrooms properties went up by 1.5%, prices of 5 bedrooms properties went up by 66.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 16.7% more available, volume of 2 bedrooms homes went down by 6.1%, number of 3 bedrooms homes increased by 35.7%, 4 bedrooms homes inventory increased by 32.6%, 5 bedrooms homes did not move. Waukesha, WI housing market in April 2022 saw over 41 listings sold above listed price, more than 4 sold at listed price and over 7 sold below.

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