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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greendale is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Greendale, WI

How much do homes in Greendale, WI cost?

Median Sold Price

$350,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$24,989(+7.7%)

Key Takeaway

Homes in Greendale have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Greendale was $350,000 in August 2024, up 7.7% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $261.2K$281K
+7.6%
3 $323K$331.7K
+2.7%
4 $393K$436.5K
+11.1%
5+ $592.5K$557.4K
-5.9%

Summary: Greendale housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Hales Corners
+12.5%
Franklin
+8.1%
Greendale
+7.7%
Greenfield
+7.3%

Housing Supply in Greendale, WI

How many homes are available in Greendale, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3635-2.8%

Summary: The Greendale real estate market had 35 homes for sale in August 2024, a 2.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1816
-11.1%
4 1011
+10.0%
5+ 01
+100.0%

Summary: The Greendale 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 decreased by 12.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greendale, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Greendale in August 2024, down by 31.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.

Days on Market for Greendale, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Greendale, WI

Nearby Markets to Greendale, WI

What housing markets are near Greendale, WI?