$4,572 Closing Credit*
$385,000
1,525 SqFt
3 Beds
•3 Full Baths
#1890883, Raquel Aleman, Listing Office: NextHome My Way
Is Brown Deer, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Brown Deer has remained a Seller's Market.
Key Takeaway
Brown Deer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brown Deer, WI
How much do homes in Brown Deer, WI cost?
Median Sold Price
$265,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$27,000(+11.3%)
Key Takeaway
Homes in Brown Deer have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Brown Deer was $265,000 in August 2024, up 11.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53K | $56.5K | +6.6% |
| 2 Bedrooms | $105K | $114K | +8.6% |
| 3 Bedrooms | $254K | $273K | +7.5% |
| 4 Bedrooms | $300K | $344.5K | +14.8% |
| 5+ Bedrooms | $498.6K | $539K | +8.1% |
Summary: Brown Deer housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in Brown Deer, WI
How many homes are available in Brown Deer, WI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 47 | 55 | +17.0% |
Summary: The Brown Deer real estate market had 55 homes for sale in August 2024, a 17.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 21 | 25 | +19.0% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Brown Deer housing inventory by bedroom type for August 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 19%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brown Deer, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Brown Deer in August 2024, up by 40.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Brown Deer, WI
We’re sorry, we don't have information for this market at the moment
