$2,375 Closing Credit*
$200,000
968 SqFt
2 Beds
•1 Full Bath
#1899543, Kristine Oleson, Listing Office: Resolute Real Estate LLC
Is Sussex, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sussex has remained a Seller's Market.
Key Takeaway
Sussex is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sussex, WI
How much do homes in Sussex, WI cost?
Median Sold Price
$516,500
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+1.3%)
Key Takeaway
Homes in Sussex have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Sussex was $516,500 in October 2024, up 1.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $335K | $376.5K | +12.4% |
| 3 Bedrooms | $440.5K | $465K | +5.6% |
| 4 Bedrooms | $600K | $598.9K | -0.2% |
| 5+ Bedrooms | $790K | $695.5K | -12.0% |
Summary: Sussex housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
| Menomonee Falls | $370.9K | $410.4K | +10.7% |
| Sussex | $510K | $516.5K | +1.3% |
| Lisbon | $565K | $530K | -6.2% |
Housing Supply in Sussex, WI
How many homes are available in Sussex, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 92 | +17.9% |
Summary: The Sussex real estate market had 92 homes for sale in October 2024, a 17.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 12 | +200.0% |
| 3 Bedrooms | 32 | 31 | -3.1% |
| 4 Bedrooms | 36 | 40 | +11.1% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Sussex housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 30 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sussex, you could pay more than the asking price. 56.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Sussex in October 2024, up by 66.7% month-over-month. Of the 30 sold homes, 20% were sold under asking, 23% were sold at asking, and 57% were sold over asking.
Days on Market for Sussex, WI
We’re sorry, we don't have information for this market at the moment
