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Waukesha County Real Estate Market Update Q1 (2024)

Here is your Waukesha County real estate market update for January through March 2024. It includes accurate housing information and trends for single-family homes, condos, vacant land, multi-family homes, and commercial properties that sold or are listed for sale in Waukesha County, Wisconsin.

This Waukesha County Real Estate Market Update Shares:

  • How many houses sold
  • How many homes are for sale
  • Average list price and sold price
  • How many days properties are on the market
  • AND MORE!

The real estate market is always changing. If you’re considering buying or selling a house, land, or business in Waukesha County, it’s important to have accurate, local data to understand what’s actually going on in the current real estate market. Hint: It’s likely a bit different than what the news or that chatty neighbor says.


Shine-Top-Realty-Waukesha-County-Jefferson-County-WI-2023-statistics

We are honored to have helped the most families in Waukesha and Jefferson County combined according to the South Central WI MLS. Thank you for trusting us with your real estate needs. Your happiness is our mission!

How’s the real estate market in Waukesha County, Wisconsin?

Above is a snapshot real estate report for single-family homes in Waukesha County, WI from January through March 2024.

Waukesha-County-WI-Real-Estate-Market-Update-April-2024

Next, let’s dive into each real estate category deeper to better understand what’s on the market and what’s successfully selling for condos, lots & acreage, multi-family properties, and commercial real estate. All data below is from the Statewide Wisconsin MLS (WIREX) pulled on 4/8/2024.


Single Family Homes in Waukesha County, WI

Between January 1 and March 31, 2024, In Waukesha County, WI, there were 760 new single-family homes listed for sale. There are 488 houses currently for sale. Those homes have been on the market for an average of 51 days, and the average asking price for those houses for sale is slightly under $700,000.

# New Homes Listed760
Total # Homes on the Market488
Average Days on Market for Active Homes51
Average List Price of Houses For Sale$700,159

Between January 1 and March 31, 2024, 611 single-family homes that sold (officially closed). The average sale price was $512,821. Most homes sold for right around the asking price and were on the market for an average of 30 days.

# Single-Family Houses Sold559
Average Sold Price$512,609
Sale Price / List Price Ratio101%
Average Days on Market for Sold Homes32

Condos in Waukesha County, WI

# New Condos Listed214
Total # Condos on the Market183
Average Days on Market for Active Condos118
Average List Price of Condos For Sale$498,556
# Condos Sold167
Average Sold Price$374,729
Sale Price / List Price Ratio96%
Average Days on Market for Sold Condos43

Multi-Family Properties in Waukesha County, WI

# New Multi-Family Units Listed25
Total # Multi-Family Properties on the Market14
Average Days on Market for Active Multi-Family Properties50
Average List Price of Multi-Family Homes For Sale$1,000,542* / Median is $485,000
# Multi-Family Houses Sold14
Average Sold Price$403,685
Sale Price / List Price Ratio98%
Average Days on Market for Sold Multi-Family Properties19

Lots & Acreage in Waukesha County, WI

# New Lots/Acreage Listed123
Total # Land Listings on the Market303
Average Days on Market for Active Lots228
Average List Price of Land For Sale$292,095
# Lots & Acreage Sold62
Average Sold Price$241,991
Sale Price / List Price Ratio97%
Average Days on Market for Sold Land231

Commercial Real Estate in Waukesha County, WI

# New Business/Commercial Listed32
Total # Commercial Properties on the Market54
Average Days on Market for Commercial Properties124
Average List Price of Business Properties For Sale$576,766
# Business Properties Sold12
Average Sold Price$480,358
Sale Price / List Price Ratio75%
Average Days on Market for Sold Business Properties83

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