$3,443 Closing Credit*
$289,900
1,222 SqFt
4 Beds
•2 Full Baths
#1895359, Cindy Regenfuss, Listing Office: Coldwell Banker HomeSale Realty - New Berlin
Is West Allis, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, West Allis has remained a Seller's Market.
Key Takeaway
West Allis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Allis, WI
How much do homes in West Allis, WI cost?
Median Sold Price
$250,506
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,506(+6.6%)
Key Takeaway
Homes in West Allis have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in West Allis was $250,506 in September 2024, up 6.6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $84K | -53.3% |
| 2 Bedrooms | $181K | $214K | +18.2% |
| 3 Bedrooms | $242.8K | $260K | +7.1% |
| 4 Bedrooms | $255K | $257.4K | +1.0% |
| 5+ Bedrooms | $247K | $320K | +29.6% |
Summary: West Allis housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.3%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 29.6%.
Median Sold Price Compared To Nearby Cities
| West Allis | $235K | $250.5K | +6.6% |
| Milwaukee | $229.7K | $244.6K | +6.5% |
| Wauwatosa | $365K | $385K | +5.5% |
| Greenfield | $275K | $282K | +2.5% |
| West Milwaukee | $215K | $220K | +2.3% |
Housing Supply in West Allis, WI
How many homes are available in West Allis, WI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 97 | 121 | +24.7% |
Summary: The West Allis real estate market had 121 homes for sale in September 2024, a 24.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 22 | +29.4% |
| 3 Bedrooms | 58 | 71 | +22.4% |
| 4 Bedrooms | 21 | 27 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Allis housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Allis, you could pay more than the asking price. 78.4% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in West Allis in September 2024, the same as the previous month. Of the 37 sold homes, 19% were sold under asking, 3% were sold at asking, and 78% were sold over asking.
Days on Market for West Allis, WI
We’re sorry, we don't have information for this market at the moment
