$2,611 Closing Credit*
$219,900
2,100 SqFt
3 Beds
•2 Full Baths
#1897747, Holly Speranza, Listing Office: Keller Williams-MNS Wauwatosa
Is Burke, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Burke has remained a Seller's Market.
Key Takeaway
Burke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burke, WI
How much do homes in Burke, WI cost?
Median Sold Price
$502,400
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,400(+3.6%)
Key Takeaway
Homes in Burke have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Burke was $502,400 in October 2024, up 3.6% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $369.9K | $375K | +1.4% |
| 3 Bedrooms | $463.2K | $476.4K | +2.9% |
| 4 Bedrooms | $485K | $575K | +18.6% |
| 5+ Bedrooms | $559.4K | $717.5K | +28.3% |
Summary: Burke housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
| Windsor | $480K | $525K | +9.4% |
| Sun Prairie | $400.6K | $431.6K | +7.7% |
| De Forest | $405K | $436K | +7.7% |
| DeForest | $407.5K | $435.6K | +6.9% |
| Burke | $485K | $502.4K | +3.6% |
Housing Supply in Burke, WI
How many homes are available in Burke, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Burke real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Burke housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burke, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Burke in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Burke, WI
We’re sorry, we don't have information for this market at the moment
