Is Greendale, 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, Greendale has remained a Seller's Market.
Key Takeaway
Greendale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greendale, WI
How much do homes in Greendale, WI cost?
Median Sold Price
$350,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Greendale have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Greendale was $350,000 in May 2024, up 9.4% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245.3K | $273.5K | +11.5% |
| 3 Bedrooms | $311.7K | $350K | +12.3% |
| 4 Bedrooms | $388.3K | $415K | +6.9% |
| 5+ Bedrooms | $610K | $569.9K | -6.6% |
Summary: Greendale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Hales Corners | $315K | $356.4K | +13.1% |
| Greendale | $320K | $350K | +9.4% |
| Greenfield | $265K | $282.2K | +6.5% |
| Franklin | $358K | $381K | +6.4% |
Housing Supply in Greendale, WI
How many homes are available in Greendale, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The Greendale real estate market had 30 homes for sale in May 2024, a 3.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Greendale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greendale, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Greendale in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Greendale, WI
We’re sorry, we don't have information for this market at the moment
