10 hours on Rocket
$2,124 Closing Credit¹
#1909972, Felicia Russ, Listing Office: Shorewest Realtors, Inc.
Near North Housing Market Report February 2025•Milwaukee County, Wisconsin
Housing Prices in Near North, WI
How much do homes in Near North, WI cost?
Housing Market Conditions
Is Near North, WI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Near North is a Neutral Market
Difference Since February 2024
At the same time last year, Near North was a Seller's Market.
Insight
Near North is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$119,706$96/SqFt
+$30,390
+34.0%
Based on all homes sold in the last 12 months
Insight
Homes in Near North have sold for 34% more than they did a year ago.
Summary: The median home sold price in Near North was $119,706 in February 2025, up 34% from last year, and the median price per square foot was $96.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Lincoln Park | $104K | $140K | +34.6% |
| Near North | $89.3K | $119.7K | +34.0% |
| Old North Milwaukee | $91K | $117K | +28.6% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $25K | $30K | +20.0% |
| 22 Bedrooms | $78K | $90K | +15.4% |
| 33 Bedrooms | $92K | $124.9K | +35.8% |
| 44 Bedrooms | $100K | $128K | +28.0% |
| 55+ Bedrooms | $74.5K | $166.2K | +123.2% |
Summary: Near North housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +20.0%. The home price for 2 bedroom homes increased by +15.4%. The home price for 3 bedroom homes increased by +35.8%. The home price for 4 bedroom homes increased by +28.0%. The home price for 5 bedroom homes increased by +123.2%.
How does Near North, WI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Near North, WI
Housing supply in Near North, WI
How many homes are available in Near North, WI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 140Last MonthFeb 2025 | ||
| 1112 months agoJan 2025 | +26.1 % Change MoMJan – Feb |
Summary: The Near North real estate market had 140 homes for sale in Feb 2025, a 26.1 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthFeb 2025 | ||
| 262 months agoJan 2025 | -23.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 15 | 21 | +40.0% |
| 33 Bedrooms | 61 | 74 | +21.3% |
| 44 Bedrooms | 30 | 38 | +26.7% |
| 55+ Bedrooms | 4 | 6 | +50.0% |
Summary: Near North housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +40.0%. The inventory for 3 bedroom homes increased by +21.3%. The inventory for 4 bedroom homes increased by +26.7%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Near North, WI cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price16 Homes
Insight
If you're buying a home in Near North, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Near North in February 2025, down by 23.1% month-over-month. Of the 20 sold homes, 80% were sold under asking, 5% were sold at asking, and and 15% were sold over asking.
Days on Market for Near North, WI
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Near North, WI
What homes are available in Near North, WI?
12 hours on Rocket
$1,425 Closing Credit¹
#1909949, Erica Winship, Listing Office: Premier Point Realty LLC
13 hours on Rocket
$747 Closing Credit¹
#1909933, Shawn Nash, Listing Office: Acquire Realty LLC
13 hours on Rocket
$3,313 Closing Credit¹
#1909974, Mike Borowski Group*, Listing Office: Homestead Realty, Inc
2 days on Rocket
$2,494 Closing Credit¹
#1909056, Yuliza Castillo Rodriguez, Listing Office: reThought Real Estate
2 days on Rocket
$1,186 Closing Credit¹
#1909552, Kevin Gregg, Listing Office: Smart Asset Realty Inc
3 days on Rocket
$2,138 Closing Credit¹
#1909505, Latisha James, Listing Office: Keller Williams Realty-Milwaukee Southwest
4 days on Rocket
$950 Closing Credit¹
#1909284, Janicee Corothers, Listing Office: Keller Williams Realty-Milwaukee North Shore
5 days on Rocket
$1,306 Closing Credit¹
#1909275, Jason Boothe Sr, Listing Office: EXIT Realty Horizons-Tosa
6 days on Rocket
$1,424 Closing Credit¹
#1909177, Elizabeth Mitchell, Listing Office: Keller Williams Realty-Milwaukee Southwest
7 days on Rocket
$1,781 Closing Credit¹
#1909182, Tanya Daltry, Listing Office: Carroll Realty, LLC
7 days on Rocket
$1,781 Closing Credit¹
#1909178, Elizabeth Mitchell, Listing Office: Keller Williams Realty-Milwaukee Southwest
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MLS Disclaimers and Copyright
Based on information from Wisconsin Real Estate Exchange, for the period 03/01/2023 - 03/01/2025
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.