Is Pewaukee, 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, Pewaukee has remained a Seller's Market.
Key Takeaway
Pewaukee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pewaukee, WI
How much do homes in Pewaukee, WI cost?
Median Sold Price
$439,983
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pewaukee have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Pewaukee was $439,983 in May 2024, up 7.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.5K | $211.4K | -9.5% |
| 2 Bedrooms | $265K | $314K | +18.5% |
| 3 Bedrooms | $441.4K | $472.5K | +7.0% |
| 4 Bedrooms | $589K | $670K | +13.8% |
| 5+ Bedrooms | $772.5K | $819K | +6.0% |
Summary: Pewaukee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Menomonee Falls | $350K | $392.1K | +12.0% |
| Brookfield | $426.9K | $467K | +9.4% |
| Lisbon | $500K | $540K | +8.0% |
| Pewaukee | $410K | $439.9K | +7.3% |
| Waukesha | $350K | $366.8K | +4.8% |
Housing Supply in Pewaukee, WI
How many homes are available in Pewaukee, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 88 | 128 | +45.5% |
Summary: The Pewaukee real estate market had 128 homes for sale in May 2024, a 45.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 18 | 23 | +27.8% |
| 3 Bedrooms | 35 | 52 | +48.6% |
| 4 Bedrooms | 17 | 32 | +88.2% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Pewaukee 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 27.8%, 3 bedroom homes increased by 48.6%, 4 bedroom homes increased by 88.2%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 40 | +66.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pewaukee, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Pewaukee in May 2024, up by 66.7% month-over-month. Of the 40 sold homes, 35% were sold under asking, 5% were sold at asking, and 60% were sold over asking.
Days on Market for Pewaukee, WI
We’re sorry, we don't have information for this market at the moment
