$9,451 Closing Credit*
$795,900
3,551 SqFt
3 Beds
•3 Full Baths
#1899664, Brian Schoenleber, Listing Office: The Schoenleber Group, LLC
Is Mequon, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mequon has remained a Seller's Market.
Key Takeaway
Mequon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mequon, WI
How much do homes in Mequon, WI cost?
Median Sold Price
$597,333
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,333(+3.0%)
Key Takeaway
Homes in Mequon have sold for 3% more than they did a year ago.
Summary: The median home sold price in Mequon was $597,333 in October 2024, up 3% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $166K | +0.6% |
| 2 Bedrooms | $367.5K | $385K | +4.8% |
| 3 Bedrooms | $470K | $513.7K | +9.3% |
| 4 Bedrooms | $665K | $651.9K | -2.0% |
| 5+ Bedrooms | $1.1M | $975K | -15.1% |
Summary: Mequon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 15.1%.
Median Sold Price Compared To Nearby Cities
| Cedarburg | $448.7K | $486.5K | +8.4% |
| Thiensville | $325K | $340K | +4.6% |
| Mequon | $580K | $597.3K | +3.0% |
| Bayside | $500K | $515.2K | +3.0% |
Housing Supply in Mequon, WI
How many homes are available in Mequon, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 115 | 106 | -7.8% |
Summary: The Mequon real estate market had 106 homes for sale in October 2024, a 7.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 40 | 32 | -20.0% |
| 4 Bedrooms | 44 | 43 | -2.3% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Mequon 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 increased by 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mequon, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Mequon in October 2024, down by 14.3% month-over-month. Of the 24 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% were sold over asking.
Days on Market for Mequon, WI
We’re sorry, we don't have information for this market at the moment
