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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheaton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wheaton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wheaton, WI

How much do homes in Wheaton, WI cost?

Median Sold Price

$959,950

$236/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$629,950(+190.9%)

Key Takeaway

Homes in Wheaton have sold for 190.9% more than they did a month ago.

Summary: The median home sold price in Wheaton was $959,950 in August 2024, up 190.9% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$749.9K
+130.7%
4 $347.5K-
N/A
5+ -$1.1M
N/A

Summary: Wheaton housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 130.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wheaton
+190.9%
Lake Hallie
+22.0%
Tilden
+2.9%
Union
-9.7%

Housing Supply in Wheaton, WI

How many homes are available in Wheaton, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1311-15.4%

Summary: The Wheaton real estate market had 11 homes for sale in August 2024, a 15.4% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 42
-50.0%
5+ 33
0.0%

Summary: The Wheaton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheaton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wheaton in August 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wheaton, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Newest Listings in Wheaton, WI

Nearby Markets to Wheaton, WI

What housing markets are near Wheaton, WI?