Is West Bend, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Bend is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Bend has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Bend, WI

How much do homes in West Bend, WI cost?

Median Sold Price

$335,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,471(+5.5%)

Key Takeaway

Homes in West Bend have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in West Bend was $335,000 in November 2024, up 5.5% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $305K$129K
-57.7%
2 $220K$245K
+11.4%
3 $320K$336.6K
+5.2%
4 $435K$400K
-8.0%
5+ $329.9K$475K
+44.0%

Summary: West Bend housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.7%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 44%.

Median Sold Price Compared To Nearby Cities

West Bend
+5.5%
Trenton
-8.0%

Housing Supply in West Bend, WI

How many homes are available in West Bend, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
154148-3.9%

Summary: The West Bend real estate market had 148 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 3838
0.0%
3 8169
-14.8%
4 2932
+10.3%
5+ 56
+20.0%

Summary: The West Bend housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4429-34.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Bend, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in West Bend in November 2024, down by 34.1% month-over-month. Of the 29 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.

Days on Market for West Bend, 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 West Bend, WI

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