Is Greendale, 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, 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
$342,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greendale have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Greendale was $342,000 in March 2024, up 6.9% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $258K | $265K | +2.7% |
| 3 Bedrooms | $312.5K | $335K | +7.2% |
| 4 Bedrooms | $388.3K | $411.3K | +5.9% |
| 5+ Bedrooms | $520K | $560.1K | +7.7% |
Summary: Greendale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Greenfield | $255.9K | $284.9K | +11.3% |
| Greendale | $320K | $342K | +6.9% |
| Franklin | $354.6K | $375K | +5.7% |
| Hales Corners | $335.2K | $340K | +1.4% |
Housing Supply in Greendale, WI
How many homes are available in Greendale, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Greendale real estate market had 14 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Greendale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greendale, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Greendale in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Greendale, WI
We’re sorry, we don't have information for this market at the moment
