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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Genesee is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Genesee, WI

How much do homes in Genesee, WI cost?

Median Sold Price

$514,950

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$33,550(-6.1%)

Key Takeaway

Homes in Genesee have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Genesee was $514,950 in October 2024, down 6.1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $355K-
N/A
3 $485K$493.7K
+1.8%
4 $589.5K$514.9K
-12.6%
5+ $790K$686.2K
-13.1%

Summary: Genesee 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 did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 13.1%.

Median Sold Price Compared To Nearby Cities

North Prairie
+13.9%
Wales
+11.1%
Waukesha
+1.9%
Genesee
-6.1%

Housing Supply in Genesee, WI

How many homes are available in Genesee, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2328+21.7%

Summary: The Genesee real estate market had 28 homes for sale in October 2024, a 21.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1114
+27.3%
4 1012
+20.0%
5+ 22
0.0%

Summary: The Genesee 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Genesee, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Genesee in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Genesee, 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 20 Days Ago

Newest Listings in Genesee, WI

Nearby Markets to Genesee, WI

What housing markets are near Genesee, WI?