Is Hales Corners, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hales Corners is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hales Corners, WI

How much do homes in Hales Corners, WI cost?

Median Sold Price

$363,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,000(+8.4%)

Key Takeaway

Homes in Hales Corners have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Hales Corners was $363,000 in November 2024, up 8.4% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89K$125.1K
+40.6%
2 $272.5K$332.5K
+22.0%
3 $327K$360K
+10.1%
4 $362.5K$420K
+15.9%
5+ -$405K
N/A

Summary: Hales Corners housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.6%, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hales Corners
+8.4%
Franklin
+6.7%
New Berlin
+5.1%
Greenfield
+4.9%
Greendale
+0.9%

Housing Supply in Hales Corners, WI

How many homes are available in Hales Corners, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1617+6.3%

Summary: The Hales Corners real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1211
-8.3%
4 22
0.0%
5+ 13
+200.0%

Summary: The Hales Corners housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hales Corners, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hales Corners in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Hales Corners, 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 17 Days Ago

Newest Listings in Hales Corners, WI

Nearby Markets to Hales Corners, WI

What housing markets are near Hales Corners, WI?