Is Greenfield, 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, Greenfield has remained a Seller's Market.
Key Takeaway
Greenfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenfield, WI
How much do homes in Greenfield, WI cost?
Median Sold Price
$284,966
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greenfield have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Greenfield was $284,966 in March 2024, up 11.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110.7K | $122K | +10.2% |
| 2 Bedrooms | $189.2K | $220K | +16.2% |
| 3 Bedrooms | $280K | $315K | +12.5% |
| 4 Bedrooms | $354K | $370.5K | +4.7% |
| 5+ Bedrooms | $420K | $366.7K | -12.7% |
Summary: Greenfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Cities
| Greenfield | $255.9K | $284.9K | +11.3% |
| West Allis | $220K | $240K | +9.1% |
| Greendale | $320K | $342K | +6.9% |
| Milwaukee | $225K | $231.9K | +3.1% |
| Hales Corners | $335.2K | $340K | +1.4% |
Housing Supply in Greenfield, WI
How many homes are available in Greenfield, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Summary: The Greenfield real estate market had 62 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Greenfield 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 10%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Greenfield in March 2024, up by 5.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 15% were sold at asking, and 45% were sold over asking.
Days on Market for Greenfield, WI
We’re sorry, we don't have information for this market at the moment
