$7,718 Closing Credit*
$649,900
3,657 SqFt
4 Beds
•3 Full Baths, 1 Partial
#1901842, Tim Burd, Listing Office: RE/MAX Premier Properties
Is Sussex, 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, 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
$533,333
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,272(+5.8%)
Key Takeaway
Homes in Sussex have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Sussex was $533,333 in November 2024, up 5.8% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $335K | $375K | +11.9% |
| 3 Bedrooms | $440.5K | $465.2K | +5.6% |
| 4 Bedrooms | $600K | $622.7K | +3.8% |
| 5+ Bedrooms | $680K | $725K | +6.6% |
Summary: Sussex housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Menomonee Falls | $375K | $410K | +9.3% |
| Sussex | $504K | $533.3K | +5.8% |
| Lisbon | $550K | $549.8K | 0% |
Housing Supply in Sussex, WI
How many homes are available in Sussex, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 66 | -23.3% |
Summary: The Sussex real estate market had 66 homes for sale in November 2024, a 23.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 28 | 22 | -21.4% |
| 4 Bedrooms | 37 | 27 | -27.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Sussex 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 decreased by 16.7%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 21 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sussex, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Sussex in November 2024, down by 30.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 33% were sold at asking, and 43% were sold over asking.
Days on Market for Sussex, WI
We’re sorry, we don't have information for this market at the moment
