Is Waukesha County, 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, Waukesha County has remained a Seller's Market.
Key Takeaway
Waukesha County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waukesha County, WI
How much do homes in Waukesha County, WI cost?
Median Sold Price
$435,167
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Waukesha County have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Waukesha County was $435,167 in May 2024, up 7.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.5K | $177K | +13.1% |
| 2 Bedrooms | $269.5K | $300K | +11.3% |
| 3 Bedrooms | $378.6K | $410.2K | +8.3% |
| 4 Bedrooms | $509.6K | $544.7K | +6.9% |
| 5+ Bedrooms | $677K | $735K | +8.6% |
Summary: Waukesha County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Counties
| Ozaukee County | $400K | $439.8K | +10.0% |
| Racine County | $242.9K | $266.4K | +9.7% |
| Waukesha County | $405K | $435.1K | +7.4% |
| Washington County | $335.7K | $358.7K | +6.9% |
| Milwaukee County | $237K | $249.9K | +5.4% |
Housing Supply in Waukesha County, WI
How many homes are available in Waukesha County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,161 | 1,396 | +20.2% |
Summary: The Waukesha County real estate market had 1,396 homes for sale in May 2024, a 20.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 16 | +6.7% |
| 2 Bedrooms | 200 | 227 | +13.5% |
| 3 Bedrooms | 503 | 590 | +17.3% |
| 4 Bedrooms | 340 | 421 | +23.8% |
| 5+ Bedrooms | 103 | 142 | +37.9% |
Summary: The Waukesha County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 37.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 334 | 409 | +22.5% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
56 Homes Were Sold
At Asking
261 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waukesha County, you could pay more than the asking price. 63.8% of homes here sold above asking price last month.
Summary: A total of 409 homes were sold or pending in Waukesha County in May 2024, up by 22.5% month-over-month. Of the 409 sold homes, 22% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for Waukesha County, WI
We’re sorry, we don't have information for this market at the moment
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