Is Trenton, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Trenton has remained a Seller's Market.
Key Takeaway
Trenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trenton, WI
How much do homes in Trenton, WI cost?
Median Sold Price
$434,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Trenton have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Trenton was $434,000 in May 2024, up 15.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $445K | $470K | +5.6% |
| 3 Bedrooms | $338K | $390K | +15.4% |
| 4 Bedrooms | $492.4K | $450K | -8.6% |
| 5+ Bedrooms | $425K | $391K | -8.0% |
Summary: Trenton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Farmington | $365K | $448K | +22.7% |
| Trenton | $375K | $434K | +15.7% |
| West Bend | $300K | $320K | +6.7% |
| Barton | $405K | $390K | -3.7% |
Housing Supply in Trenton, WI
How many homes are available in Trenton, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Trenton real estate market had 23 homes for sale in May 2024, a 4.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Trenton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Trenton, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Trenton in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Trenton, WI
We’re sorry, we don't have information for this market at the moment
