$2,553 Closing Credit*
$215,000
1,120 SqFt
3 Beds
•1 Full Bath, 1 Partial
#1899888, Paul Stevens, Listing Office: Milwaukee Flat Fee Homes
Is Menomonee River Hills, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Menomonee River Hills was a Seller's Market.
Key Takeaway
Menomonee River Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Menomonee River Hills, WI
How much do homes in Menomonee River Hills, WI cost?
Median Sold Price
$218,950
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,700(+8.3%)
Key Takeaway
Homes in Menomonee River Hills have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Menomonee River Hills was $218,950 in October 2024, up 8.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $142.5K | -28.7% |
| 3 Bedrooms | $195.5K | $210K | +7.4% |
| 4 Bedrooms | $235.4K | $257.5K | +9.4% |
| 5+ Bedrooms | $325K | $260K | -20.0% |
Summary: Menomonee River Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Neighborhoods
| Northwest | $151.1K | $174.9K | +15.8% |
| Menomonee River Hills | $202.2K | $218.9K | +8.3% |
Housing Supply in Menomonee River Hills, WI
How many homes are available in Menomonee River Hills, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The Menomonee River Hills real estate market had 19 homes for sale in October 2024, a 26.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Menomonee River Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Menomonee River Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Menomonee River Hills in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Menomonee River Hills, WI
We’re sorry, we don't have information for this market at the moment
