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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waukesha County is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Waukesha County, WI

How much do homes in Waukesha County, WI cost?

Median Sold Price

$424,991

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$24,982(+6.2%)

Key Takeaway

Homes in Waukesha County have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Waukesha County was $424,991 in January 2024, up 6.2% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $154.2K$183K
+18.6%
2 $268.3K$299.7K
+11.7%
3 $373.3K$399.9K
+7.1%
4 $508.5K$528.5K
+3.9%
5+ $676.3K$735K
+8.7%

Summary: Waukesha County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Counties

Washington County
+7.6%
Waukesha County
+6.2%
Ozaukee County
+5.3%
Racine County
+4.7%
Milwaukee County
+4.2%

Housing Supply in Waukesha County, WI

How many homes are available in Waukesha County, WI?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
835762-8.7%

Summary: The Waukesha County real estate market had 762 homes for sale in January 2024, a 8.7% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 1512
-20.0%
2 176166
-5.7%
3 350322
-8.0%
4 233214
-8.2%
5+ 6148
-21.3%

Summary: The Waukesha County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 21.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
276175-36.6%

Asking Price vs. Sold Price

74 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

70 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waukesha County, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.

Summary: A total of 175 homes were sold or pending in Waukesha County in January 2024, down by 36.6% month-over-month. Of the 175 sold homes, 42% were sold under asking, 18% were sold at asking, and 40% were sold over asking.

Days on Market for Waukesha County, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 26 Days Ago

Newest Listings in Waukesha County, WI

Nearby Markets to Waukesha County, WI

What housing markets are near Waukesha County, WI?