Is Walworth County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walworth County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Walworth County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Walworth County, WI

How much do homes in Walworth County, WI cost?

Median Sold Price

$358,083

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,685(+8.4%)

Key Takeaway

Homes in Walworth County have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Walworth County was $358,083 in April 2024, up 8.4% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $114.8K$142.5K
+24.1%
2 $246.5K$260.7K
+5.8%
3 $331.5K$359.6K
+8.5%
4 $438.3K$477K
+8.8%
5+ $729K$883.5K
+21.2%

Summary: Walworth County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 21.2%.

Median Sold Price Compared To Nearby Counties

Walworth County
+8.4%
McHenry County
+7.8%
Waukesha County
+6.6%
Racine County
+6.5%
Kenosha County
+5.7%

Housing Supply in Walworth County, WI

How many homes are available in Walworth County, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
465546+17.4%

Summary: The Walworth County real estate market had 546 homes for sale in April 2024, a 17.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2524
-4.0%
2 77107
+39.0%
3 199220
+10.6%
4 119141
+18.5%
5+ 4554
+20.0%

Summary: The Walworth County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 39%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
90126+40.0%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walworth County, you may be able to get a good deal. 54% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Walworth County in April 2024, up by 40.0% month-over-month. Of the 126 sold homes, 54% were sold under asking, 18% were sold at asking, and 28% were sold over asking.

Days on Market for Walworth County, WI

How long does it take to sell a home in Walworth County, WI?

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Walworth County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 126 homes were sold in Walworth County; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in Walworth County, WI

Nearby Markets to Walworth County, WI

What housing markets are near Walworth County, WI?