Is Whitefish Bay, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitefish Bay is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Whitefish Bay has remained a Seller's Market.

Key Takeaway

Whitefish Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whitefish Bay, WI

How much do homes in Whitefish Bay, WI cost?

Median Sold Price

$595,000

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$79,000(+15.3%)

Key Takeaway

Homes in Whitefish Bay have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Whitefish Bay was $595,000 in May 2024, up 15.3% from last year, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $245K$300K
+22.4%
3 $450K$488K
+8.4%
4 $808K$817K
+1.1%
5+ $1.2M$1.2M
-2.9%

Summary: Whitefish Bay housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Cities

Whitefish Bay
+15.3%
Glendale
+12.7%
Fox Point
+5.1%
Shorewood
+4.8%

Housing Supply in Whitefish Bay, WI

How many homes are available in Whitefish Bay, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5463+16.7%

Summary: The Whitefish Bay real estate market had 63 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2224
+9.1%
4 2226
+18.2%
5+ 68
+33.3%

Summary: The Whitefish Bay housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1827+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitefish Bay, you could pay more than the asking price. 74.1% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Whitefish Bay in May 2024, up by 50.0% month-over-month. Of the 27 sold homes, 22% were sold under asking, 4% were sold at asking, and 74% were sold over asking.

Days on Market for Whitefish Bay, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Whitefish Bay, WI

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