Is Menomonee Falls, 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, Menomonee Falls has remained a Seller's Market.
Housing Prices in Menomonee Falls, WI
How much do homes in Menomonee Falls, WI cost?
Median Sold Price
$384,166
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Menomonee Falls was $384,166 in March 2024, up 11.4% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118.9K | $120K | +0.9% |
2 Bedrooms | $253.2K | $294K | +16.1% |
3 Bedrooms | $339.4K | $365.5K | +7.7% |
4 Bedrooms | $468.3K | $510K | +8.9% |
5+ Bedrooms | $746K | $693.1K | -7.1% |
Summary: Menomonee Falls housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
Menomonee Falls | $344.9K | $384.1K | +11.4% |
Lisbon | $479.9K | $519.9K | +8.3% |
Brookfield | $431.9K | $460K | +6.5% |
Housing Supply in Menomonee Falls, WI
How many homes are available in Menomonee Falls, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 99 | +32.0% |
Summary: The Menomonee Falls real estate market had 99 homes for sale in March 2024, a 32.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 42 | 52 | +23.8% |
4 Bedrooms | 19 | 29 | +52.6% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Menomonee Falls 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 remained the same, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 52.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 30 | +172.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Menomonee Falls in March 2024, up by 172.7% month-over-month. Of the 30 sold homes, 30% were sold under asking, 27% were sold at asking, and 43% were sold over asking.
Days on Market for Menomonee Falls, WI
We’re sorry, we don't have information for this market at the moment