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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Milton, WI

How much do homes in Milton, WI cost?

Median Sold Price

$310,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,739(-1.5%)

Key Takeaway

Homes in Milton have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Milton was $310,000 in October 2024, down 1.5% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $108K$148K
+37.0%
2 $237.6K$251K
+5.6%
3 $350K$315K
-10.0%
4 $379.9K$405K
+6.6%
5+ $511.5K$453.5K
-11.3%

Summary: Milton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 11.3%.

Median Sold Price Compared To Nearby Cities

Fountain City
+33.5%
Milton
-1.5%

Housing Supply in Milton, WI

How many homes are available in Milton, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5659+5.4%

Summary: The Milton real estate market had 59 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1313
0.0%
3 2326
+13.0%
4 1615
-6.3%
5+ 35
+66.7%

Summary: The Milton 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 remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1021+110.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Milton in October 2024, up by 110.0% month-over-month. Of the 21 sold homes, 29% were sold under asking, 5% were sold at asking, and 67% were sold over asking.

Days on Market for Milton, 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 Milton, WI

Nearby Markets to Milton, WI