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 June 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

$435,011

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$26,621(+6.5%)

Key Takeaway

Homes in Waukesha County have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Waukesha County was $435,011 in June 2024, up 6.5% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $165.2K$175K
+5.9%
2 $277.9K$300K
+8.0%
3 $379.3K$414.6K
+9.3%
4 $509.9K$543.3K
+6.5%
5+ $712.6K$730.1K
+2.4%

Summary: Waukesha County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Counties

Racine County
+10.0%
Ozaukee County
+8.5%
Waukesha County
+6.5%
Washington County
+5.9%
Milwaukee County
+4.9%

Housing Supply in Waukesha County, WI

How many homes are available in Waukesha County, WI?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,3841,449+4.7%

Summary: The Waukesha County real estate market had 1,449 homes for sale in June 2024, a 4.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 1614
-12.5%
2 221213
-3.6%
3 595642
+7.9%
4 411429
+4.4%
5+ 141151
+7.1%

Summary: The Waukesha County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

May 2024Jun 2024CHANGE
459383-16.6%

Asking Price vs. Sold Price

85 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

244 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waukesha County, you could pay more than the asking price. 63.7% of homes here sold above asking price last month.

Summary: A total of 383 homes were sold or pending in Waukesha County in June 2024, down by 16.6% month-over-month. Of the 383 sold homes, 22% were sold under asking, 14% were sold at asking, and 64% 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

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