Is Westport, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Westport has remained a Seller's Market.
Key Takeaway
Westport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westport, WI
How much do homes in Westport, WI cost?
Median Sold Price
$617,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Westport have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Westport was $617,500 in May 2024, down 11.5% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | - | N/A |
| 2 Bedrooms | $322.5K | $269.9K | -16.3% |
| 3 Bedrooms | $465K | $487.5K | +4.8% |
| 4 Bedrooms | $780K | $709.9K | -9.0% |
| 5+ Bedrooms | $1.1M | $998.5K | -15.0% |
Summary: Westport 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 decreased by 16.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 15%.
Housing Supply in Westport, WI
How many homes are available in Westport, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Westport real estate market had 37 homes for sale in May 2024, a 23.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Westport 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westport, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Westport in May 2024, up by 300.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Westport, WI
We’re sorry, we don't have information for this market at the moment
