Is Menomonee Falls, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$392,166
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Menomonee Falls was $392,166 in May 2024, up 12% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.9K | $120K | +1.8% |
2 Bedrooms | $246K | $301.5K | +22.6% |
3 Bedrooms | $340.1K | $375K | +10.3% |
4 Bedrooms | $484.5K | $540K | +11.5% |
5+ Bedrooms | $706K | $700K | -0.8% |
Summary: Menomonee Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Butler | $240K | $270K | +12.5% |
Menomonee Falls | $350K | $392.1K | +12.0% |
Brookfield | $426.9K | $467K | +9.4% |
Lisbon | $500K | $540K | +8.0% |
Housing Supply in Menomonee Falls, WI
How many homes are available in Menomonee Falls, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
115 | 129 | +12.2% |
Summary: The Menomonee Falls real estate market had 129 homes for sale in May 2024, a 12.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 60 | 62 | +3.3% |
4 Bedrooms | 32 | 36 | +12.5% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Menomonee Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Menomonee Falls in May 2024, up by 11.4% month-over-month. Of the 39 sold homes, 13% were sold under asking, 18% were sold at asking, and 69% 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