$9,132 Closing Credit*
$769,000
3,060 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1895689, Adrian Barrera, Listing Office: Shorewest Realtors, Inc.
Is Mequon, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Mequon has remained a Seller's Market.
Key Takeaway
Mequon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mequon, WI
How much do homes in Mequon, WI cost?
Median Sold Price
$590,500
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$40,500(+7.4%)
Key Takeaway
Homes in Mequon have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Mequon was $590,500 in September 2024, up 7.4% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $166K | +5.7% |
| 2 Bedrooms | $353K | $382.5K | +8.4% |
| 3 Bedrooms | $461K | $512K | +11.1% |
| 4 Bedrooms | $670K | $653.4K | -2.5% |
| 5+ Bedrooms | $1.1M | $975K | -15.2% |
Summary: Mequon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Thiensville | $318K | $377.2K | +18.6% |
| Mequon | $550K | $590.5K | +7.4% |
| Cedarburg | $450K | $481K | +6.9% |
| River Hills | $800K | $810K | +1.3% |
| Bayside | $560K | $499.4K | -10.8% |
Housing Supply in Mequon, WI
How many homes are available in Mequon, WI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 111 | 118 | +6.3% |
Summary: The Mequon real estate market had 118 homes for sale in September 2024, a 6.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 39 | 42 | +7.7% |
| 4 Bedrooms | 44 | 45 | +2.3% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Mequon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mequon, you could pay more than the asking price. 44% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Mequon in September 2024, down by 13.8% month-over-month. Of the 25 sold homes, 40% were sold under asking, 16% were sold at asking, and 44% were sold over asking.
Days on Market for Mequon, WI
We’re sorry, we don't have information for this market at the moment
