Is Pleasant Prairie, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Prairie is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Pleasant Prairie, WI

How much do homes in Pleasant Prairie, WI cost?

Median Sold Price

$379,900

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,850(-0.5%)

Key Takeaway

The sold price of homes in Pleasant Prairie has remained the same since last year.

Summary: The median home sold price in Pleasant Prairie was $379,900 in November 2024, down 0.5% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$156.5K
+7.9%
2 $233.5K$248K
+6.2%
3 $389.7K$379.9K
-2.5%
4 $437.4K$500K
+14.3%
5+ $550.4K$536.5K
-2.5%

Summary: Pleasant Prairie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 2.5%.

Median Sold Price Compared To Nearby Cities

Kenosha
+9.2%
Pleasant Prairie
-0.5%

Housing Supply in Pleasant Prairie, WI

How many homes are available in Pleasant Prairie, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8471-15.5%

Summary: The Pleasant Prairie real estate market had 71 homes for sale in November 2024, a 15.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1515
0.0%
3 3526
-25.7%
4 2318
-21.7%
5+ 1110
-9.1%

Summary: The Pleasant Prairie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25.7%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Prairie, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Pleasant Prairie in November 2024, down by 18.2% month-over-month. Of the 18 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for Pleasant Prairie, WI

How long does it take to sell a home in Pleasant Prairie, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days19 Days-6.3%

Summary: Homes in Pleasant Prairie had an average of 19 days on market in Nov 2024, down by 6.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pleasant Prairie are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in Pleasant Prairie; 11% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

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