Oak Creek Housing Market Report May 2025•Milwaukee County, Wisconsin

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Housing Prices in Oak Creek, WI

How much do homes in Oak Creek, WI cost?

Housing Market Conditions

Is Oak Creek, WI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Oak Creek is a Seller's Market

Difference Since April 2025

Last month, Oak Creek has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$427,000$225/SqFt
+$104,000
+32.2%

Based on all homes sold in May 2025

Insight

Homes in Oak Creek have sold for 32.2% more than they did a month ago.

Summary: The median home sold price in Oak Creek was $427,000 in May 2025, up 32.2% from last month, and the median price per square foot was $225.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Oak Creek
+32.2%
Caledonia
-15.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2$258.7K$358.5K
+38.6%
3$478K$427K
-10.7%
4-$665.7K
N/A
5-$683K
N/A

Summary: Oak Creek 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 +38.6%. The home price for 3 bedroom homes decreased by -10.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Oak Creek, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Oak Creek, WI

Housing supply in Oak Creek, WI

How many homes are available in Oak Creek, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
66Last MonthMay 2025
452 months agoApr 2025
+46.7 %
Change MoMApr – May

Summary: The Oak Creek real estate market had 66 homes for sale in May 2025, a 46.7 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
18Last MonthMay 2025
112 months agoApr 2025
+63.6 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
111
0.0%
22022
+10.0%
32031
+55.0%
4311
+266.7%
511
0.0%

Summary: Oak Creek 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 increased by +10.0%. The inventory for 3 bedroom homes increased by +55.0%. The inventory for 4 bedroom homes increased by +266.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Oak Creek, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price12 Homes

At Asking Price1 Home

Under Asking Price5 Homes

Insight

If you're buying a home in Oak Creek, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Oak Creek in May 2025, up by 63.6% month-over-month. Of the 18 sold homes, 28% were sold under asking, 6% were sold at asking, and and 67% were sold over asking.

Days on Market for Oak Creek, WI

How long does it take to sell a home in Oak Creek, WI?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Oak Creek are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 18 homes were sold in Oak Creek; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
11 DaysLast MonthMay 2025
0 Days1 month agoApr 2025
0.0 %
Change MoMApr – May

Summary: Homes in Oak Creek had an average listing age of 11 days in May 2025, down by .0% compared to the previous month.

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Newest Listings in Oak Creek, WI

What homes are available in Oak Creek, WI?

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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: 6/10/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.