Quantcast

Waukesha Times

Wednesday, December 18, 2024

Home prices in Waukesha County during October 2024 increased compared to the same period in 2023

Realestate4

In October, the median sale price of a home in Waukesha County rose by $39,500 from the same period in the previous year, while total sales increased by 15.4%, according to BlockShopper.com.

There were 998 homes sold in October, with a median sale price of $419,500 — a 10.4% increase over the $380,000 median sale price during the same period of the previous year. In comparison, 865 homes were sold in Waukesha County in October 2023.

Based on the latest available data from 2020, the median sales tax in Waukesha County was $4,075, which stands at 1% of October's median home sale price.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Waukesha County from October 2023 to October 2024.

October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024$380,000$380,000$364,900$364,900$366,600$366,600$357,962$357,962$364,950$364,950$379,400$379,400$387,400$387,400$392,803$392,803$411,900$411,900$431,000$431,000$416,800$416,800$400,000$400,000$419,500$419,500

MORE NEWS