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.
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.
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 Listed | 760 |
| Total # Homes on the Market | 488 |
| Average Days on Market for Active Homes | 51 |
| 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 Sold | 559 |
| Average Sold Price | $512,609 |
| Sale Price / List Price Ratio | 101% |
| Average Days on Market for Sold Homes | 32 |
Condos in Waukesha County, WI
| # New Condos Listed | 214 |
| Total # Condos on the Market | 183 |
| Average Days on Market for Active Condos | 118 |
| Average List Price of Condos For Sale | $498,556 |
| # Condos Sold | 167 |
| Average Sold Price | $374,729 |
| Sale Price / List Price Ratio | 96% |
| Average Days on Market for Sold Condos | 43 |
Multi-Family Properties in Waukesha County, WI
| # New Multi-Family Units Listed | 25 |
| Total # Multi-Family Properties on the Market | 14 |
| Average Days on Market for Active Multi-Family Properties | 50 |
| Average List Price of Multi-Family Homes For Sale | $1,000,542* / Median is $485,000 |
| # Multi-Family Houses Sold | 14 |
| Average Sold Price | $403,685 |
| Sale Price / List Price Ratio | 98% |
| Average Days on Market for Sold Multi-Family Properties | 19 |
Lots & Acreage in Waukesha County, WI
| # New Lots/Acreage Listed | 123 |
| Total # Land Listings on the Market | 303 |
| Average Days on Market for Active Lots | 228 |
| Average List Price of Land For Sale | $292,095 |
| # Lots & Acreage Sold | 62 |
| Average Sold Price | $241,991 |
| Sale Price / List Price Ratio | 97% |
| Average Days on Market for Sold Land | 231 |
Commercial Real Estate in Waukesha County, WI
| # New Business/Commercial Listed | 32 |
| Total # Commercial Properties on the Market | 54 |
| Average Days on Market for Commercial Properties | 124 |
| Average List Price of Business Properties For Sale | $576,766 |
| # Business Properties Sold | 12 |
| Average Sold Price | $480,358 |
| Sale Price / List Price Ratio | 75% |
| Average Days on Market for Sold Business Properties | 83 |
Resources for Buyers & Builders
- When is the Best Time to Buy a House in Wisconsin
- How to Buy a House with Bad Credit
- 7 Unique Ways to Afford Buying a House
- How Much Does it Cost to Build a House in Wisconsin
- Current Land for Sale in Southern Wisconsin
Resources for Sellers
- 10 Tips for Downsizing Your Home
- FAQs about Selling Your House
- When is the Best Time to Sell a House in Wisconsin
- Proven Ways to Sell Land Fast in Wisconsin
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