$1,400 Closing Credit*
$117,900
713 SqFt
2 Beds
•1 Full Bath
#1902102, Mike Borowski Group*, Listing Office: Homestead Realty, Inc
Is Near North, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Near North was a Seller's Market.
Key Takeaway
Near North is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Near North, WI
How much do homes in Near North, WI cost?
Median Sold Price
$111,166
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,191(+23.6%)
Key Takeaway
Homes in Near North have sold for 23.6% more than they did a year ago.
Summary: The median home sold price in Near North was $111,166 in November 2024, up 23.6% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55.1K | $29K | -47.4% |
| 2 Bedrooms | $75K | $85K | +13.3% |
| 3 Bedrooms | $96K | $118.4K | +23.4% |
| 4 Bedrooms | $101.2K | $124.9K | +23.4% |
| 5+ Bedrooms | $78K | $112.9K | +44.7% |
Summary: Near North housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 44.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Lincoln Park | $103.9K | $138K | +32.8% |
| Old North Milwaukee | $92.5K | $120K | +29.7% |
| Near North | $89.9K | $111.1K | +23.6% |
Housing Supply in Near North, WI
How many homes are available in Near North, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 143 | +2.9% |
Summary: The Near North real estate market had 143 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 65 | 71 | +9.2% |
| 4 Bedrooms | 43 | 43 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Near North housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 21 | -43.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Near North, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Near North in November 2024, down by 43.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Near North, WI
We’re sorry, we don't have information for this market at the moment
