$1,958 Closing Credit*
$164,900
984 SqFt
2 Beds
•1 Full Bath
#1903145, John Newland, Listing Office: TerraNova Real Estate
Is West, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, West has remained a Seller's Market.
Key Takeaway
West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West, WI
How much do homes in West, WI cost?
Median Sold Price
$200,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,044(+8.1%)
Key Takeaway
Homes in West have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in West was $200,000 in December 2024, up 8.1% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.9K | $85.5K | +17.3% |
| 2 Bedrooms | $140K | $155K | +10.7% |
| 3 Bedrooms | $192K | $208.8K | +8.7% |
| 4 Bedrooms | $194.5K | $220K | +13.1% |
| 5+ Bedrooms | $203.7K | $249.2K | +22.3% |
Summary: West housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Cooper Park | $256.5K | $286.2K | +11.6% |
| Kops Park | $209K | $228.7K | +9.4% |
| Enderis Park | $280K | $305K | +8.9% |
| Lenox Heights | $187K | $203K | +8.6% |
| West | $184.9K | $200K | +8.1% |
Housing Supply in West, WI
How many homes are available in West, WI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 313 | 297 | -5.1% |
Summary: The West real estate market had 297 homes for sale in December 2024, a 5.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 64 | 53 | -17.2% |
| 3 Bedrooms | 189 | 180 | -4.8% |
| 4 Bedrooms | 46 | 46 | 0.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The West housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 78 | 74 | -5.1% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in West in December 2024, down by 5.1% month-over-month. Of the 74 sold homes, 49% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for West, WI
We’re sorry, we don't have information for this market at the moment
