Is Walworth County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walworth County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Walworth County, WI

How much do homes in Walworth County, WI cost?

Median Sold Price

$367,514

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,283(+6.8%)

Key Takeaway

Homes in Walworth County have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Walworth County was $367,514 in October 2024, up 6.8% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142.5K$146.5K
+2.8%
2 $254K$270K
+6.3%
3 $341.2K$374.1K
+9.6%
4 $450K$465K
+3.3%
5+ $947.5K$742.5K
-21.6%

Summary: Walworth County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 21.6%.

Median Sold Price Compared To Nearby Counties

Racine County
+14.1%
McHenry County
+8.5%
Walworth County
+6.8%
Waukesha County
+6.6%
Kenosha County
+6.4%

Housing Supply in Walworth County, WI

How many homes are available in Walworth County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
589615+4.4%

Summary: The Walworth County real estate market had 615 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3432
-5.9%
2 107121
+13.1%
3 252259
+2.8%
4 133138
+3.8%
5+ 6365
+3.2%

Summary: The Walworth County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
113121+7.1%

Asking Price vs. Sold Price

76 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walworth County, you may be able to get a good deal. 62.8% of homes here sold below asking price last month.

Summary: A total of 121 homes were sold or pending in Walworth County in October 2024, up by 7.1% month-over-month. Of the 121 sold homes, 63% were sold under asking, 17% were sold at asking, and 21% were sold over asking.

Days on Market for Walworth County, 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 20 Days Ago

Newest Listings in Walworth County, WI

Nearby Markets to Walworth County, WI

What housing markets are near Walworth County, WI?