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

Housing Market Conditions



Gauge showing Wauwatosa is a seller's market


Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Wauwatosa, WI

How much do homes in Wauwatosa, WI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Wauwatosa have sold for 10% more than they did a year ago.

Summary: The median home sold price in Wauwatosa was $371,047 in November 2023, up 10% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $150K$135K
2 $250K$250K
3 $335.9K$360K
4 $393.9K$435K
5+ $425K$775K

Summary: Wauwatosa housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 82.4%.

Median Sold Price Compared To Nearby Cities

Elm Grove
West Allis

Housing Supply in Wauwatosa, WI

How many homes are available in Wauwatosa, WI?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Wauwatosa real estate market had 108 homes for sale in November 2023, a 9.2% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 1413
3 6557
4 3330
5+ 78

Summary: The Wauwatosa 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 decreased by 7.1%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wauwatosa, you could pay more than the asking price. 61.8% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in Wauwatosa in November 2023, down by 29.2% month-over-month. Of the 34 sold homes, 29% were sold under asking, 9% were sold at asking, and 62% 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 Wauwatosa, WI

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