Is Somers, 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, Somers has remained a Seller's Market.
Housing Prices in Somers, WI
How much do homes in Somers, WI cost?
Median Sold Price
$299,950
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Somers was $299,950 in April 2024, up 12.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $105K | -22.2% |
2 Bedrooms | $208.9K | $217K | +3.9% |
3 Bedrooms | $280K | $325.5K | +16.3% |
4 Bedrooms | $495K | $510K | +3.0% |
5+ Bedrooms | $680K | $775.2K | +14.0% |
Summary: Somers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
Somers | $265.9K | $299.9K | +12.8% |
Kenosha | $230K | $250K | +8.7% |
Mount Pleasant | $269.5K | $289.9K | +7.6% |
Housing Supply in Somers, WI
How many homes are available in Somers, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Somers real estate market had 22 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Somers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Somers in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Somers, WI
We’re sorry, we don't have information for this market at the moment