Is Greenfield, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Greenfield, WI

How much do homes in Greenfield, WI cost?

Median Sold Price

$285,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,000(+2.5%)

Key Takeaway

Homes in Greenfield have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Greenfield was $285,000 in October 2024, up 2.5% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$125K
+4.2%
2 $205K$218K
+6.3%
3 $302.5K$325K
+7.4%
4 $370.2K$360K
-2.8%
5+ $437.7K$473K
+8.1%

Summary: Greenfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Hales Corners
+10.3%
West Allis
+8.5%
Milwaukee
+6.8%
Greendale
+5.6%
Greenfield
+2.5%

Housing Supply in Greenfield, WI

How many homes are available in Greenfield, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115121+5.2%

Summary: The Greenfield real estate market had 121 homes for sale in October 2024, a 5.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 27
+250.0%
2 3535
0.0%
3 6057
-5.0%
4 1520
+33.3%
5+ 32
-33.3%

Summary: The Greenfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 250%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3632-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, you could pay more than the asking price. 71.9% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in Greenfield in October 2024, down by 11.1% month-over-month. Of the 32 sold homes, 16% were sold under asking, 13% were sold at asking, and 72% were sold over asking.

Days on Market for Greenfield, 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 Greenfield, WI

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