Is West Allis, WI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing West Allis is a seller's market


Difference Since August 2022

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

How much do homes in West Allis, WI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in West Allis have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in West Allis was $234,400 in August 2023, up 14.5% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $107K$180K
2 $171K$180.4K
3 $209.6K$241.6K
4 $225K$255K
5+ $226.2K$260K

Summary: West Allis housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 68.2%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 14.9%.

Median Sold Price Compared To Nearby Cities

West Milwaukee
West Allis

Housing Supply

How many homes are available in West Allis, WI?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The West Allis real estate market had 150 homes for sale in August 2023, a 6.8% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 10
2 2525
3 9685
4 3534
5+ 46

Summary: The West Allis housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

44 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Allis, you could pay more than the asking price. 77.2% of homes here sold above asking price last month.

Summary: A total of 57 homes were sold or pending in West Allis in August 2023, down by 18.6% month-over-month. Of the 57 sold homes, 11% were sold under asking, 12% were sold at asking, and 77% were sold over asking.

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

Report Updated 22 Days Ago

Newest Listings

Nearby Markets

What housing markets are near West Allis, WI?