$2,374 Closing Credit¹
#1919136, Aaron Gerakosov, Listing Office: Coldwell Banker Realty
Near West Housing Market Report May 2025•Milwaukee County, Wisconsin
Housing Prices in Near West, WI
How much do homes in Near West, WI cost?
Median List Price
$214,950$115/SqFt
+$9,950
+4.9%
Based on all homes listed in May 2025
Insight
The list price of homes in Near West has increased by 4.9% since April.
Summary: The median home list price in Near West was $214,950 in May 2025, up 4.9% from the previous month, and the median price per square foot was $115.
Median List Price By Neighborhoods
| City | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| Midtown | $174K | $265K | +52.3% |
| Near West | $205K | $214.9K | +4.9% |
| Concordia | $249K | $249K | 0.0% |
| Avenues West | $252.4K | $252.4K | 0.0% |
Median List Price By Bedrooms
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $110K | $125K | +13.6% |
| 33 Bedrooms | $279.9K | $249.9K | -10.7% |
| 44 Bedrooms | $182.5K | $205K | +12.3% |
| 55+ Bedrooms | $249K | $249K | 0.0% |
Summary: Near West housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.6%. The home price for 3 bedroom homes decreased by -10.7%. The home price for 4 bedroom homes increased by +12.3%. The home price for 5 bedroom homes did not change.
How does Near West, WI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Near West, WI
Housing supply in Near West, WI
How many homes are available in Near West, WI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthMay 2025 | ||
| 92 months agoApr 2025 | +77.8 % Change MoMApr – May |
Summary: The Near West real estate market had 16 homes for sale in May 2025, a 77.8 % increase compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 1 | 5 | +400.0% |
| 44 Bedrooms | 4 | 7 | +75.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Near West housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +400.0%. The inventory for 4 bedroom homes increased by +75.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Near West, WI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Near West, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Near West in May 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Near West, WI
How long does it take to sell a home in Near West, WI?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 38 DaysLast MonthMay 2025 | ||
| 31 Days1 month agoApr 2025 | +20.2 % Change MoMApr – May |
Summary: Homes in Near West had an average listing age of 38 days in May 2025, up by 20.2% compared to the previous month.
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Newest Listings in Near West, WI
What homes are available in Near West, WI?
$1,651 Closing Credit¹
#1919040, Bret Duer, Listing Office: The Real Estate Edge, LLC
$2,671 Closing Credit¹
#1918633, Lisa Nevinski, Listing Office: Lannon Stone Realty LLC
$1,899 Closing Credit¹
#1918496, Miguel Braun, Listing Office: RE/MAX Lakeside-South
$3,266 Closing Credit¹
#1918465, Jessica Annabelle, Listing Office: Keller Williams Realty-Milwaukee North Shore
$3,764 Closing Credit¹
#1918363, Tyler Vandermolen, Listing Office: Real Broker Milwaukee
#1916680, Greg Erchull, Listing Office: Erchull Real Estate
$8,311 Closing Credit¹
#1916548, Jennifer Landro Real Estate Team*, Listing Office: LPT Realty
$1,484 Closing Credit¹
#1915292, Marques Morgan, Listing Office: Empowerment Realty Group LLC
$4,974 Closing Credit¹
#1915184, Deborah McCollum-Gathing, Listing Office: Redevelopment Authority City of MKE
$3,859 Closing Credit¹
#1915124, Rachel Greer, Listing Office: EXP Realty, LLC MKE
#1913979, Kevin Gregg, Listing Office: Smart Asset Realty Inc
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MLS Disclaimers and Copyright
Based on information from Wisconsin Real Estate Exchange, for the period 04/01/2025 - 06/01/2025
© 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: 6/3/2025, 9:45:31 PM 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: 6/3/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.