Is Washington Park, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Park is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Washington Park was a Seller's Market.

Key Takeaway

Washington Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Washington Park, WI

How much do homes in Washington Park, WI cost?

Median Sold Price

$120,000

$74/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+17.1%)

Key Takeaway

Homes in Washington Park have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Washington Park was $120,000 in November 2024, up 17.1% from last year, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $52K-
N/A
3 $105K$120K
+14.3%
4 $140.2K$160K
+14.1%
5+ $83K$77.5K
-6.6%

Summary: Washington Park 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 did not change, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 6.6%.

Median Sold Price Compared To Nearby Neighborhoods

Washington Park
+17.1%
Midtown
-0.9%

Housing Supply in Washington Park, WI

How many homes are available in Washington Park, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
46+50.0%

Summary: The Washington Park real estate market had 6 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Washington Park 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Washington Park in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Washington Park, 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 Washington Park, WI

Nearby Markets to Washington Park, WI