Is Brown Deer, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$256,255
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brown Deer have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Brown Deer was $256,255 in March 2024, up 12.4% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $56.5K | +13.0% |
| 2 Bedrooms | $100K | $110K | +10.0% |
| 3 Bedrooms | $241.5K | $265K | +9.7% |
| 4 Bedrooms | $280K | $332.5K | +18.8% |
| 5+ Bedrooms | - | $498.6K | N/A |
Summary: Brown Deer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes did not change.
Housing Supply in Brown Deer, WI
How many homes are available in Brown Deer, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Brown Deer real estate market had 32 homes for sale in March 2024, a 8.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 18 | 11 | -38.9% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brown Deer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
1 Home Was 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 could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Brown Deer in March 2024, down by 40.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% 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
