Is Waukesha, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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
$364,950
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Waukesha have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Waukesha was $364,950 in April 2024, up 4.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151.7K | $153K | +0.8% |
| 2 Bedrooms | $239.9K | $250K | +4.2% |
| 3 Bedrooms | $333.1K | $356K | +6.9% |
| 4 Bedrooms | $428.1K | $435.1K | +1.6% |
| 5+ Bedrooms | $488.7K | $555K | +13.6% |
Summary: Waukesha housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Pewaukee | $411K | $435K | +5.8% |
| Waukesha | $349.9K | $364.9K | +4.3% |
Housing Supply in Waukesha, WI
How many homes are available in Waukesha, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 192 | 237 | +23.4% |
Summary: The Waukesha real estate market had 237 homes for sale in April 2024, a 23.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 37 | 41 | +10.8% |
| 3 Bedrooms | 87 | 109 | +25.3% |
| 4 Bedrooms | 46 | 67 | +45.7% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Waukesha housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 71 | +20.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waukesha, you could pay more than the asking price. 71.8% of homes here sold above asking price last month.
Summary: A total of 71 homes were sold or pending in Waukesha in April 2024, up by 20.3% month-over-month. Of the 71 sold homes, 20% were sold under asking, 8% were sold at asking, and 72% were sold over asking.
Days on Market for Waukesha, WI
We’re sorry, we don't have information for this market at the moment
