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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Menasha is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Menasha, WI

How much do homes in Menasha, WI cost?

Median Sold Price

$245,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,400(-1.4%)

Key Takeaway

Homes in Menasha have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Menasha was $245,500 in March 2024, down 1.4% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $99K$128K
+29.3%
2 $160K$197.5K
+23.4%
3 $250K$242.5K
-3.0%
4 $301K$377.5K
+25.4%
5+ $400K$295K
-26.3%

Summary: Menasha housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 23.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes decreased by 26.3%.

Median Sold Price Compared To Nearby Cities

Harrison
+14.9%
Neenah
+14.8%
Appleton
+7.4%
Menasha
-1.1%
Menasha
-1.4%

Housing Supply in Menasha, WI

How many homes are available in Menasha, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6067+11.7%

Summary: The Menasha real estate market had 67 homes for sale in March 2024, a 11.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1317
+30.8%
3 2932
+10.3%
4 1412
-14.3%
5+ 35
+66.7%

Summary: The Menasha 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 30.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Menasha, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Menasha in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.

Days on Market for Menasha, 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 18 Days Ago

Newest Listings in Menasha, WI

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