Is Greenfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$282,250
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Greenfield have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Greenfield was $282,250 in April 2024, up 9.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113.7K | $125K | +9.9% |
| 2 Bedrooms | $192.5K | $221.5K | +15.1% |
| 3 Bedrooms | $284K | $320K | +12.7% |
| 4 Bedrooms | $355.9K | $362K | +1.7% |
| 5+ Bedrooms | $420K | $455.5K | +8.5% |
Summary: Greenfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Greenfield | $257.9K | $282.2K | +9.4% |
| West Allis | $220K | $240.7K | +9.4% |
| Greendale | $320.5K | $349.9K | +9.2% |
| Hales Corners | $323.4K | $352.5K | +9.0% |
| Milwaukee | $225K | $234.7K | +4.3% |
Housing Supply in Greenfield, WI
How many homes are available in Greenfield, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 78 | +20.0% |
Summary: The Greenfield real estate market had 78 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 25 | 29 | +16.0% |
| 3 Bedrooms | 20 | 28 | +40.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Greenfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield, you could pay more than the asking price. 60.7% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Greenfield in April 2024, up by 40.0% month-over-month. Of the 28 sold homes, 11% were sold under asking, 29% were sold at asking, and 61% were sold over asking.
Days on Market for Greenfield, WI
We’re sorry, we don't have information for this market at the moment
