Is Brookfield, WI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Brookfield is a seller's market


Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Brookfield, WI

How much do homes in Brookfield, WI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Brookfield have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Brookfield was $442,625 in November 2023, up 3.8% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
2 $330K$353.7K
3 $375K$405K
4 $518.5K$530K
5+ $687.5K$795K

Summary: Brookfield housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Cities

Elm Grove
West Allis

Housing Supply in Brookfield, WI

How many homes are available in Brookfield, WI?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Brookfield real estate market had 79 homes for sale in November 2023, a 24.8% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 179
3 3932
4 3930
5+ 108

Summary: The Brookfield housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 47.1%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookfield, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Brookfield in November 2023, down by 39.1% month-over-month. Of the 28 sold homes, 46% were sold under asking, 11% were sold at asking, and 43% were sold over asking.

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

Report Updated 1 Day Ago

Newest Listings in Brookfield, WI

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