$4,749 Closing Credit*
$399,900
638 SqFt
1 Bed
•1 Full Bath
#1900014, Matthew Krawczyk, Listing Office: Modern Realty Partners LLC
Is Waukesha, 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, Waukesha has remained a Seller's Market.
Key Takeaway
Waukesha is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waukesha, WI
How much do homes in Waukesha, WI cost?
Median Sold Price
$371,925
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,988(+1.9%)
Key Takeaway
Homes in Waukesha have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Waukesha was $371,925 in October 2024, up 1.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $156.5K | +1.0% |
| 2 Bedrooms | $250K | $260.1K | +4.0% |
| 3 Bedrooms | $350K | $360.5K | +3.0% |
| 4 Bedrooms | $440K | $461.2K | +4.8% |
| 5+ Bedrooms | $550K | $612.5K | +11.4% |
Summary: Waukesha housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Pewaukee | $412.1K | $464.4K | +12.7% |
| Waukesha | $364.9K | $371.9K | +1.9% |
Housing Supply in Waukesha, WI
How many homes are available in Waukesha, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 280 | 283 | +1.1% |
Summary: The Waukesha real estate market had 283 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 38 | 40 | +5.3% |
| 3 Bedrooms | 140 | 142 | +1.4% |
| 4 Bedrooms | 79 | 78 | -1.3% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Waukesha 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 5.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 84 | -5.6% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waukesha, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.
Summary: A total of 84 homes were sold or pending in Waukesha in October 2024, down by 5.6% month-over-month. Of the 84 sold homes, 37% were sold under asking, 15% were sold at asking, and 48% were sold over asking.
Days on Market for Waukesha, WI
We’re sorry, we don't have information for this market at the moment
