Is Germantown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Germantown has remained a Seller's Market.
Housing Prices in Germantown, WI
How much do homes in Germantown, WI cost?
Median Sold Price
$406,250
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Germantown was $406,250 in April 2024, up 12.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126K | $166.2K | +31.9% |
2 Bedrooms | $191K | $206K | +7.9% |
3 Bedrooms | $361K | $410K | +13.6% |
4 Bedrooms | $494K | $539.9K | +9.3% |
5+ Bedrooms | $471.2K | $573.2K | +21.6% |
Summary: Germantown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.9%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Cities
Colgate | $452.5K | $549.4K | +21.4% |
Germantown | $360K | $406.2K | +12.8% |
Menomonee Falls | $345K | $388.6K | +12.6% |
Hubertus | $442K | $472.5K | +6.9% |
Richfield | $457K | $480.5K | +5.1% |
Housing Supply in Germantown, WI
How many homes are available in Germantown, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 60 | +1.7% |
Summary: The Germantown real estate market had 60 homes for sale in April 2024, a 1.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 18 | 14 | -22.2% |
3 Bedrooms | 25 | 30 | +20.0% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Germantown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Germantown in April 2024, down by 19.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 6% were sold at asking, and 65% were sold over asking.
Days on Market for Germantown, WI
We’re sorry, we don't have information for this market at the moment