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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pewaukee is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pewaukee, WI

How much do homes in Pewaukee, WI cost?

Median Sold Price

$464,475

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,350(+12.7%)

Key Takeaway

Homes in Pewaukee have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Pewaukee was $464,475 in October 2024, up 12.7% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $236.5K$208.9K
-11.6%
2 $295K$314K
+6.4%
3 $450K$482.5K
+7.2%
4 $623.7K$640K
+2.6%
5+ $866K$826K
-4.6%

Summary: Pewaukee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Cities

Pewaukee
+12.7%
Menomonee Falls
+10.7%
Brookfield
+10.4%
Waukesha
+1.9%
Lisbon
-6.2%

Housing Supply in Pewaukee, WI

How many homes are available in Pewaukee, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
122145+18.9%

Summary: The Pewaukee real estate market had 145 homes for sale in October 2024, a 18.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 2927
-6.9%
3 4760
+27.7%
4 3645
+25.0%
5+ 810
+25.0%

Summary: The Pewaukee housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3039+30.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pewaukee, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Pewaukee in October 2024, up by 30.0% month-over-month. Of the 39 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.

Days on Market for Pewaukee, 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 17 Days Ago

Newest Listings in Pewaukee, WI

Nearby Markets to Pewaukee, WI

What housing markets are near Pewaukee, WI?