$7,005 Closing Credit*
$589,900
2,253 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1898035, Braden Team*, Listing Office: First Weber Inc - Menomonee Falls
Is Merton, 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, Merton has remained a Seller's Market.
Key Takeaway
Merton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merton, WI
How much do homes in Merton, WI cost?
Median Sold Price
$659,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,000(+2.5%)
Key Takeaway
Homes in Merton have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Merton was $659,000 in November 2024, up 2.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $405K | N/A |
| 3 Bedrooms | $417.5K | $499.9K | +19.8% |
| 4 Bedrooms | $697K | $665K | -4.6% |
| 5+ Bedrooms | $706.5K | $916.6K | +29.7% |
Summary: Merton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Cities
| Merton | $643K | $659K | +2.5% |
| Lisbon | $550K | $549.8K | 0% |
Housing Supply in Merton, WI
How many homes are available in Merton, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Merton real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merton 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 decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Merton in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Merton, WI
We’re sorry, we don't have information for this market at the moment
