$2,730 Closing Credit*
$229,900
1,000 SqFt
2 Beds
•2 Full Baths
#1990900, Rob Hopper, Listing Office: Keller Williams Fox Cities
Is Germantown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Germantown has remained a Seller's Market.
Key Takeaway
Germantown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Germantown, WI
How much do homes in Germantown, WI cost?
Median Sold Price
$401,666
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,666(-2.6%)
Key Takeaway
Homes in Germantown have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Germantown was $401,666 in November 2024, down 2.6% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.4K | $150K | +3.1% |
| 2 Bedrooms | $184.9K | $208.2K | +12.6% |
| 3 Bedrooms | $401K | $407.5K | +1.6% |
| 4 Bedrooms | $527.5K | $535K | +1.4% |
| 5+ Bedrooms | $629.8K | $655K | +4.0% |
Summary: Germantown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Germantown | $412.3K | $401.6K | -2.6% |
| Arkdale | $257K | $249K | -3.1% |
| Strongs Prairie | $302.5K | $249K | -17.7% |
Housing Supply in Germantown, WI
How many homes are available in Germantown, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 101 | -10.6% |
Summary: The Germantown real estate market had 101 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 54 | 44 | -18.5% |
| 4 Bedrooms | 27 | 20 | -25.9% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Germantown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Germantown, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Germantown in November 2024, down by 10.3% month-over-month. Of the 26 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Germantown, WI
We’re sorry, we don't have information for this market at the moment
