$3,086 Closing Credit*
$259,900
1,570 SqFt
3 Beds
•1 Full Bath, 1 Partial
#1901901, Melissa Bradley, Listing Office: Keller Williams Realty-Milwaukee North Shore
Is Mequon, 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, 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
$592,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,500(+1.6%)
Key Takeaway
Homes in Mequon have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Mequon was $592,000 in November 2024, up 1.6% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $163.7K | -0.8% |
| 2 Bedrooms | $375K | $382.5K | +2.0% |
| 3 Bedrooms | $490K | $515.2K | +5.2% |
| 4 Bedrooms | $650.2K | $662.5K | +1.9% |
| 5+ Bedrooms | $1.1M | $960K | -17.6% |
Summary: Mequon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 17.6%.
Median Sold Price Compared To Nearby Cities
| River Hills | $713K | $850K | +19.2% |
| Thiensville | $325K | $363K | +11.7% |
| Cedarburg | $450K | $489.7K | +8.8% |
| Bayside | $499.8K | $530.5K | +6.1% |
| Mequon | $582.5K | $592K | +1.6% |
Housing Supply in Mequon, WI
How many homes are available in Mequon, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 107 | 103 | -3.7% |
Summary: The Mequon real estate market had 103 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 41 | 34 | -17.1% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Mequon 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 remained the same, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mequon, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Mequon in November 2024, up by 11.1% month-over-month. Of the 30 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Mequon, WI
We’re sorry, we don't have information for this market at the moment
