$1,780 Closing Credit*
$149,900
1,040 SqFt
4 Beds
•1 Full Bath
#1902312, The Roth Team*, Listing Office: Shorewest Realtors, Inc.
Is Near South, 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, Near South has remained a Seller's Market.
Key Takeaway
Near South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Near South, WI
How much do homes in Near South, WI cost?
Median Sold Price
$170,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+13.3%)
Key Takeaway
Homes in Near South have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Near South was $170,000 in November 2024, up 13.3% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302K | $310K | +2.6% |
| 2 Bedrooms | $87K | $125K | +43.7% |
| 3 Bedrooms | $136K | $155K | +14.0% |
| 4 Bedrooms | $160K | $176K | +10.0% |
| 5+ Bedrooms | $135K | $190K | +40.7% |
Summary: Near South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 43.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Muskego Way | $117K | $136.5K | +16.7% |
| Near South | $150K | $170K | +13.3% |
Housing Supply in Near South, WI
How many homes are available in Near South, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 63 | +12.5% |
Summary: The Near South real estate market had 63 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 20 | 26 | +30.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Near South 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 increased by 13.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Near South, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Near South in November 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.
Days on Market for Near South, WI
We’re sorry, we don't have information for this market at the moment
