$1,425 Closing Credit*
$120,000
1,019 SqFt
3 Beds
•1 Full Bath
#1899260, Lauri Srok, Listing Office: Keller Williams-MNS Wauwatosa
Is Old North Milwaukee, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Old North Milwaukee was a Seller's Market.
Key Takeaway
Old North Milwaukee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Old North Milwaukee, WI
How much do homes in Old North Milwaukee, WI cost?
Median Sold Price
$122,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+32.6%)
Key Takeaway
Homes in Old North Milwaukee have sold for 32.6% more than they did a year ago.
Summary: The median home sold price in Old North Milwaukee was $122,000 in October 2024, up 32.6% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.5K | $37K | -57.2% |
| 2 Bedrooms | $71.8K | $85K | +18.3% |
| 3 Bedrooms | $92K | $119.5K | +29.9% |
| 4 Bedrooms | $123K | $160K | +30.1% |
| 5+ Bedrooms | $115K | $194.7K | +69.3% |
Summary: Old North Milwaukee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 29.9%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes increased by 69.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Old North Milwaukee | $92K | $122K | +32.6% |
| Lincoln Park | $105K | $136.7K | +30.2% |
| Near North | $89.2K | $110.2K | +23.5% |
| Thurston Woods | $118.6K | $123.7K | +4.3% |
Housing Supply in Old North Milwaukee, WI
How many homes are available in Old North Milwaukee, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The Old North Milwaukee real estate market had 31 homes for sale in October 2024, a 19.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Old North Milwaukee 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 increased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old North Milwaukee, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Old North Milwaukee in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Old North Milwaukee, WI
We’re sorry, we don't have information for this market at the moment
