$8,906 Closing Credit*
$750,000
2,535 SqFt
5 Beds
•2 Full Baths, 1 Partial
#1901837, Paula Langlois, Listing Office: Shorewest Realtors, Inc.
Is Brookfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Brookfield has remained a Seller's Market.
Key Takeaway
Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookfield, WI
How much do homes in Brookfield, WI cost?
Median Sold Price
$481,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,100(+9.1%)
Key Takeaway
Homes in Brookfield have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Brookfield was $481,500 in November 2024, up 9.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $353.7K | $348K | -1.6% |
| 3 Bedrooms | $405.7K | $440K | +8.4% |
| 4 Bedrooms | $528K | $566K | +7.2% |
| 5+ Bedrooms | $780K | $820K | +5.1% |
Summary: Brookfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Brookfield | $441.4K | $481.5K | +9.1% |
| West Allis | $235K | $255K | +8.5% |
| Wauwatosa | $370.8K | $387.1K | +4.4% |
| Butler | $260K | $267.5K | +2.9% |
| Elm Grove | $625K | $575K | -8.0% |
Housing Supply in Brookfield, WI
How many homes are available in Brookfield, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 115 | -16.7% |
Summary: The Brookfield real estate market had 115 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 28 | 22 | -21.4% |
| 3 Bedrooms | 57 | 53 | -7.0% |
| 4 Bedrooms | 41 | 29 | -29.3% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Brookfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 40 | -13.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookfield, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Brookfield in November 2024, down by 13.0% month-over-month. Of the 40 sold homes, 65% were sold under asking, 15% were sold at asking, and 20% were sold over asking.
Days on Market for Brookfield, WI
We’re sorry, we don't have information for this market at the moment
