Is Mequon, 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, Mequon has remained a Seller's Market.
Housing Prices in Mequon, WI
How much do homes in Mequon, WI cost?
Median Sold Price
$610,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mequon was $610,000 in April 2024, up 24.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $166K | +10.7% |
2 Bedrooms | $345K | $376.5K | +9.1% |
3 Bedrooms | $432K | $502.7K | +16.4% |
4 Bedrooms | $640K | $700K | +9.4% |
5+ Bedrooms | $969.9K | $1.1M | +22.5% |
Summary: Mequon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
Mequon | $490K | $610K | +24.5% |
Cedarburg | $447K | $467.9K | +4.7% |
Bayside | $480K | $500K | +4.2% |
Thiensville | $316K | $325K | +2.8% |
River Hills | $768.9K | $636K | -17.3% |
Housing Supply in Mequon, WI
How many homes are available in Mequon, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 88 | +7.3% |
Summary: The Mequon real estate market had 88 homes for sale in April 2024, a 7.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 10 | -23.1% |
3 Bedrooms | 30 | 34 | +13.3% |
4 Bedrooms | 23 | 29 | +26.1% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Mequon 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 decreased by 23.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 19 | -32.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Mequon in April 2024, down by 32.1% month-over-month. Of the 19 sold homes, 42% were sold under asking, 11% were sold at asking, and 47% were sold over asking.
Days on Market for Mequon, WI
We’re sorry, we don't have information for this market at the moment