Is Westport, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westport is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Westport was a Neutral Market.

Key Takeaway

Westport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westport, WI

How much do homes in Westport, WI cost?

Median Sold Price

$635,000

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,000(-5.9%)

Key Takeaway

Homes in Westport have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Westport was $635,000 in October 2024, down 5.9% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $320K-
N/A
2 $274.9K$305K
+10.9%
3 $477.5K$499.9K
+4.7%
4 $730.5K$749.9K
+2.7%
5+ $1.0M$1.0M
+3.4%

Summary: Westport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Madison
+7.4%
Waunakee
+2.8%
Middleton
0.5%
Westport
-5.9%

Housing Supply in Westport, WI

How many homes are available in Westport, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3236+12.5%

Summary: The Westport real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1315
+15.4%
4 88
0.0%
5+ 78
+14.3%

Summary: The Westport 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 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 Homes Were 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 Westport, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Westport in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Westport, 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 16 Days Ago

Newest Listings in Westport, WI

Nearby Markets to Westport, WI

What housing markets are near Westport, WI?