Is Wauwatosa, 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, Wauwatosa has remained a Seller's Market.
Key Takeaway
Wauwatosa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wauwatosa, WI
How much do homes in Wauwatosa, WI cost?
Median Sold Price
$375,600
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wauwatosa have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Wauwatosa was $375,600 in April 2024, up 10.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $135K | -44.9% |
| 2 Bedrooms | $243K | $282.5K | +16.3% |
| 3 Bedrooms | $340.3K | $365K | +7.3% |
| 4 Bedrooms | $400K | $430K | +7.5% |
| 5+ Bedrooms | $440.4K | $750K | +70.3% |
Summary: Wauwatosa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.9%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 70.3%.
Median Sold Price Compared To Nearby Cities
| Elm Grove | $551.4K | $630K | +14.2% |
| Wauwatosa | $340K | $375.6K | +10.5% |
| West Allis | $220K | $240.7K | +9.4% |
| Milwaukee | $225K | $234.7K | +4.3% |
Housing Supply in Wauwatosa, WI
How many homes are available in Wauwatosa, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 107 | 137 | +28.0% |
Summary: The Wauwatosa real estate market had 137 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 69 | 85 | +23.2% |
| 4 Bedrooms | 18 | 23 | +27.8% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Wauwatosa 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 increased by 46.2%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 44 | +29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wauwatosa, you could pay more than the asking price. 79.5% of homes here sold above asking price last month.
Summary: A total of 44 homes were sold or pending in Wauwatosa in April 2024, up by 29.4% month-over-month. Of the 44 sold homes, 14% were sold under asking, 7% were sold at asking, and 80% were sold over asking.
Days on Market for Wauwatosa, WI
We’re sorry, we don't have information for this market at the moment
