Is Brown Deer, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brown Deer is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Brown Deer has remained a Seller's Market.

Key Takeaway

Brown Deer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brown Deer, WI

How much do homes in Brown Deer, WI cost?

Median Sold Price

$265,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,250(+8.7%)

Key Takeaway

Homes in Brown Deer have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Brown Deer was $265,000 in October 2024, up 8.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $53K$58K
+9.4%
2 $105K$113K
+7.6%
3 $258K$270K
+4.7%
4 $300K$350K
+16.7%
5+ $498.6K$494.5K
-0.8%

Summary: Brown Deer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Brown Deer
+8.7%
Milwaukee
+6.8%
Mequon
+3.0%

Housing Supply in Brown Deer, WI

How many homes are available in Brown Deer, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5058+16.0%

Summary: The Brown Deer real estate market had 58 homes for sale in October 2024, a 16.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 46
+50.0%
2 1312
-7.7%
3 2535
+40.0%
4 63
-50.0%
5+ 22
0.0%

Summary: The Brown Deer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brown Deer, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Brown Deer in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.

Days on Market for Brown Deer, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Brown Deer, WI

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