Is Kenosha, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kenosha has remained a Seller's Market.
Housing Prices in Kenosha, WI
How much do homes in Kenosha, WI cost?
Median Sold Price
$250,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kenosha was $250,000 in April 2024, up 8.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140.9K | $146K | +3.6% |
2 Bedrooms | $189.9K | $207.5K | +9.3% |
3 Bedrooms | $240K | $256.9K | +7.0% |
4 Bedrooms | $300K | $317K | +5.7% |
5+ Bedrooms | $385K | $425K | +10.4% |
Summary: Kenosha housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
Somers | $265.9K | $299.9K | +12.8% |
Kenosha | $230K | $250K | +8.7% |
Pleasant Prairie | $370K | $365.2K | -1.3% |
Housing Supply in Kenosha, WI
How many homes are available in Kenosha, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
227 | 247 | +8.8% |
Summary: The Kenosha real estate market had 247 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 44 | 50 | +13.6% |
3 Bedrooms | 116 | 126 | +8.6% |
4 Bedrooms | 51 | 54 | +5.9% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Kenosha housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 82 | -4.7% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Kenosha in April 2024, down by 4.7% month-over-month. Of the 82 sold homes, 44% were sold under asking, 15% were sold at asking, and 41% were sold over asking.
Days on Market for Kenosha, WI
How long does it take to sell a home in Kenosha, WI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 12 Days | +500.0% |
Summary: Homes in Kenosha had an average of 12 days on market in Apr 2024, up by 500% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 82 homes were sold in Kenosha; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.