Is Cudahy, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cudahy is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cudahy has remained a Seller's Market.

Key Takeaway

Cudahy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cudahy, WI

How much do homes in Cudahy, WI cost?

Median Sold Price

$250,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+4.2%)

Key Takeaway

Homes in Cudahy have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Cudahy was $250,000 in October 2024, up 4.2% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $122.5K$167.4K
+36.7%
2 $220K$228K
+3.6%
3 $246K$269.9K
+9.7%
4 $265K$299.9K
+13.2%
5+ $262.5K-
N/A

Summary: Cudahy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint Francis
+14.3%
Milwaukee
+6.8%
Cudahy
+4.2%
South Milwaukee
+3.9%

Housing Supply in Cudahy, WI

How many homes are available in Cudahy, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4357+32.6%

Summary: The Cudahy real estate market had 57 homes for sale in October 2024, a 32.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1312
-7.7%
3 2735
+29.6%
4 29
+350.0%
5+ 01
+100.0%

Summary: The Cudahy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 350%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cudahy, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Cudahy in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 24% were sold under asking, 47% were sold at asking, and 29% were sold over asking.

Days on Market for Cudahy, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Cudahy, WI

Nearby Markets to Cudahy, WI

What housing markets are near Cudahy, WI?