Is Menomonee Falls, 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, 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
$388,625
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Menomonee Falls was $388,625 in April 2024, up 12.6% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118.9K | $117.5K | -1.2% |
2 Bedrooms | $253.2K | $294K | +16.1% |
3 Bedrooms | $340K | $371.6K | +9.3% |
4 Bedrooms | $484.5K | $509.5K | +5.2% |
5+ Bedrooms | $731K | $705K | -3.6% |
Summary: Menomonee Falls housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
Menomonee Falls | $345K | $388.6K | +12.6% |
Brookfield | $429.9K | $465K | +8.2% |
Lisbon | $500K | $537.7K | +7.5% |
Housing Supply in Menomonee Falls, WI
How many homes are available in Menomonee Falls, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 114 | +9.6% |
Summary: The Menomonee Falls real estate market had 114 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 57 | 57 | 0.0% |
4 Bedrooms | 28 | 32 | +14.3% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Menomonee Falls housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 33 | -2.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Menomonee Falls in April 2024, down by 2.9% month-over-month. Of the 33 sold homes, 24% were sold under asking, 15% were sold at asking, and 61% 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