Is Kenosha County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenosha County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kenosha County, WI

How much do homes in Kenosha County, WI cost?

Median Sold Price

$289,931

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,661(+8.1%)

Key Takeaway

Homes in Kenosha County have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Kenosha County was $289,931 in November 2024, up 8.1% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$154.9K
+10.6%
2 $205K$220K
+7.4%
3 $271.9K$290K
+6.7%
4 $365.5K$417.3K
+14.2%
5+ $473K$522.5K
+10.5%

Summary: Kenosha County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Counties

Racine County
+13.9%
McHenry County
+8.7%
Kenosha County
+8.1%
Lake County
+6.7%

Housing Supply in Kenosha County, WI

How many homes are available in Kenosha County, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
484435-10.1%

Summary: The Kenosha County real estate market had 435 homes for sale in November 2024, a 10.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 37
+133.3%
2 9991
-8.1%
3 243203
-16.5%
4 107103
-3.7%
5+ 3231
-3.1%

Summary: The Kenosha County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 3.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
151114-24.5%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenosha County, you may be able to get a good deal. 48.2% of homes here sold below asking price last month.

Summary: A total of 114 homes were sold or pending in Kenosha County in November 2024, down by 24.5% month-over-month. Of the 114 sold homes, 48% were sold under asking, 17% were sold at asking, and 35% were sold over asking.

Days on Market for Kenosha County, WI

How long does it take to sell a home in Kenosha County, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days29 Days+48.6%

Summary: Homes in Kenosha County had an average of 29 days on market in Nov 2024, up by 48.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kenosha County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 114 homes were sold in Kenosha County; 4% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

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