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

Since last month, Wheaton has remained a Seller's 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

$390,000

$164/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$84,900(-17.9%)

Key Takeaway

Homes in Wheaton have sold for 17.9% less than they did a month ago.

Summary: The median home sold price in Wheaton was $390,000 in November 2024, down 17.9% from last month, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $222K$330K
+48.6%
3 -$390K
N/A
4 $474.9K$404K
-14.9%
5+ $840K-
N/A

Summary: Wheaton housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union
+56.7%
Wheaton
-17.9%
Tilden
-48.4%
Howard
-60.5%

Housing Supply in Wheaton, WI

How many homes are available in Wheaton, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The Wheaton real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 69
+50.0%
4 21
-50.0%
5+ 10
-100.0%

Summary: The Wheaton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Wheaton in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Wheaton, WI

How long does it take to sell a home in Wheaton, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wheaton has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Wheaton; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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?