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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wauwatosa is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Wauwatosa, WI cost?

Median Sold Price

$312,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$51,000(+19.5%)

Key Takeaway

Homes in Wauwatosa have sold for 19.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $135K$122.5K
-9.3%
2 $185K$223.6K
+20.9%
3 $281K$311.5K
+10.9%
4 $317K$386.5K
+21.9%
5+ $450K$402K
-10.7%

Median Sold Price Compared To Nearby Cities

Elm Grove
+71.3%
Wauwatosa
+19.5%
West Allis
+10.5%
Milwaukee
+7.0%

How many homes are available in Wauwatosa, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
168186+10.7%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 10
-100.0%
2 2225
+13.6%
3 95103
+8.4%
4 4046
+15.0%
5+ 1012
+20.0%

Number of Homes Sold

Mar 2022Apr 2022%
5175+47.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

60 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. 80% of homes here sold above asking price last month.

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

About Wauwatosa, WI

Wauwatosa, WI has 186 homes on the market. Between March 2022 and April 2022, Wauwatosa, WI real estate market has seen increase in the number of listings by 10.7%. Real estate listing prices changed between March 2022 and April 2022: 1 bedroom properties prices decreased by 9.3%, prices of 2 bedrooms properties went up by 20.9%, 3 bedrooms properties became 10.9% more expensive, prices of 4 bedrooms properties increased by 21.9%, 5 bedrooms properties became 10.7% more cheaper. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 100%, the quantity of 2 bedrooms homes went up by 13.6%, volume of 3 bedrooms homes went up by 8.4%, the quantity of 4 bedrooms homes went up by 15%, 5 bedrooms homes inventory increased by 20%. Wauwatosa, WI housing market in April 2022 saw over 60 listings sold above listed price, more than 5 sold at listed price and over 10 sold below.

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