Is Pewaukee, 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, Pewaukee has remained a Seller's Market.
Key Takeaway
Pewaukee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pewaukee, WI
How much do homes in Pewaukee, WI cost?
Median Sold Price
$435,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pewaukee have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Pewaukee was $435,000 in April 2024, up 5.8% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.5K | $223.9K | -4.1% |
| 2 Bedrooms | $263K | $314K | +19.4% |
| 3 Bedrooms | $440K | $452.5K | +2.8% |
| 4 Bedrooms | $589.5K | $662.8K | +12.4% |
| 5+ Bedrooms | $772.5K | $809.5K | +4.8% |
Summary: Pewaukee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Menomonee Falls | $345K | $388.6K | +12.6% |
| Brookfield | $429.9K | $465K | +8.2% |
| Lisbon | $500K | $537.7K | +7.5% |
| Pewaukee | $411K | $435K | +5.8% |
| Waukesha | $349.9K | $364.9K | +4.3% |
Housing Supply in Pewaukee, WI
How many homes are available in Pewaukee, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 | 92 | +16.5% |
Summary: The Pewaukee real estate market had 92 homes for sale in April 2024, a 16.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 21 | 18 | -14.3% |
| 3 Bedrooms | 24 | 37 | +54.2% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Pewaukee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 54.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pewaukee, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Pewaukee in April 2024, up by 27.8% month-over-month. Of the 23 sold homes, 35% were sold under asking, 4% were sold at asking, and 61% were sold over asking.
Days on Market for Pewaukee, WI
We’re sorry, we don't have information for this market at the moment
