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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheaton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wheaton was a Neutral Market.

Key Takeaway

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

Housing Prices in Wheaton, WI

How much do homes in Wheaton, WI cost?

Median Sold Price

$474,900

$211/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$161,150(+51.4%)

Key Takeaway

Homes in Wheaton have sold for 51.4% more than they did a month ago.

Summary: The median home sold price in Wheaton was $474,900 in October 2024, up 51.4% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$222K
N/A
3 $313.7K-
N/A
4 -$474.9K
N/A
5+ -$840K
N/A

Summary: Wheaton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Howard
+125.9%
Wheaton
+51.4%
Lake Hallie
+4.9%
Union
-24.1%

Housing Supply in Wheaton, WI

How many homes are available in Wheaton, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Wheaton real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 75
-28.6%
4 22
0.0%
5+ 22
0.0%

Summary: The Wheaton 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheaton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wheaton in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wheaton, 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 Wheaton, WI

Nearby Markets to Wheaton, WI

What housing markets are near Wheaton, WI?