$89,900
0.35 Acres
Land
#1899700, Jennifer Buzzell, Listing Office: List 4 Less MLS of WI
Is West Allis, 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, West Allis has remained a Seller's Market.
Key Takeaway
West Allis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Allis, WI
How much do homes in West Allis, WI cost?
Median Sold Price
$255,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+8.5%)
Key Takeaway
Homes in West Allis have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in West Allis was $255,000 in October 2024, up 8.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $84K | -54.0% |
| 2 Bedrooms | $183K | $215K | +17.5% |
| 3 Bedrooms | $242.6K | $265K | +9.2% |
| 4 Bedrooms | $249K | $260.7K | +4.7% |
| 5+ Bedrooms | $260K | $330K | +26.9% |
Summary: West Allis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 26.9%.
Median Sold Price Compared To Nearby Cities
| West Allis | $235K | $255K | +8.5% |
| Milwaukee | $229.9K | $245.5K | +6.8% |
| Wauwatosa | $365K | $386.1K | +5.8% |
| Greenfield | $278K | $285K | +2.5% |
| West Milwaukee | $217.7K | $215K | -1.3% |
Housing Supply in West Allis, WI
How many homes are available in West Allis, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 115 | 134 | +16.5% |
Summary: The West Allis real estate market had 134 homes for sale in October 2024, a 16.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 27 | +22.7% |
| 3 Bedrooms | 66 | 73 | +10.6% |
| 4 Bedrooms | 26 | 33 | +26.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Allis 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 22.7%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 38 | -13.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Allis, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in West Allis in October 2024, down by 13.6% month-over-month. Of the 38 sold homes, 24% were sold under asking, 8% were sold at asking, and 68% were sold over asking.
Days on Market for West Allis, WI
We’re sorry, we don't have information for this market at the moment
