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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Allis is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in West Allis, WI cost?

Median Sold Price

$200,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$19,000(+10.5%)

Key Takeaway

Homes in West Allis have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $82K$64K
-22.0%
2 $154K$166.5K
+8.1%
3 $184K$205K
+11.4%
4 $210K$213.5K
+1.7%
5+ $197K$235.5K
+19.5%

Median Sold Price Compared To Nearby Cities

Greenfield
+19.8%
Wauwatosa
+19.5%
West Allis
+10.5%
Milwaukee
+7.0%

How many homes are available in West Allis, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
140145+3.6%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 12
+100.0%
2 2428
+16.7%
3 8083
+3.8%
4 3026
-13.3%
5+ 56
+20.0%

Number of Homes Sold

Mar 2022Apr 2022%
5452-3.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 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. 84.6% 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 West Allis, WI

There are 145 homes are for sale in West Allis, WI real estate market. In April 2022 in West Allis, WI there were 3.6% more homes for sale than in March 2022. Real estate listing prices changed between March 2022 and April 2022: 1 bedroom properties prices decreased by 22%, 2 bedrooms properties became 8.1% more expensive, prices of 3 bedrooms properties increased by 11.4%, the cost of 4 bedrooms properties went up by 1.7%, 5 bedrooms properties became 19.5% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 100%, the quantity of 2 bedrooms homes went up by 16.7%, volume of 3 bedrooms homes went up by 3.8%, volume of 4 bedrooms homes went down by 13.3%, volume of 5 bedrooms homes went up by 20%. Over 44 listings were sold over their listed price in April 2022 in West Allis, WI. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price.

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