Is West, 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, West has remained a Seller's Market.
Housing Prices in West, WI
How much do homes in West, WI cost?
Median Sold Price
$186,571
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West was $186,571 in April 2024, up 3.6% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68K | $72.9K | +7.2% |
2 Bedrooms | $139.9K | $133K | -5.0% |
3 Bedrooms | $188.6K | $195K | +3.4% |
4 Bedrooms | $200K | $200K | 0.0% |
5+ Bedrooms | $210K | $239.9K | +14.2% |
Summary: West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Neighborhoods
Lenox Heights | $160K | $188.5K | +17.8% |
Cooper Park | $229K | $265K | +15.7% |
Enderis Park | $250.7K | $287K | +14.5% |
Kops Park | $202K | $225K | +11.4% |
West | $180K | $186.5K | +3.6% |
Housing Supply in West, WI
How many homes are available in West, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
287 | 326 | +13.6% |
Summary: The West real estate market had 326 homes for sale in April 2024, a 13.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 48 | 61 | +27.1% |
3 Bedrooms | 166 | 192 | +15.7% |
4 Bedrooms | 61 | 57 | -6.6% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 27.1%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 103 | +15.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Summary: A total of 103 homes were sold or pending in West in April 2024, up by 15.7% month-over-month. Of the 103 sold homes, 29% were sold under asking, 15% were sold at asking, and 56% were sold over asking.
Days on Market for West, WI
We’re sorry, we don't have information for this market at the moment