$7,124 Closing Credit*
$599,900
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 October 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
$662,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,000(+5.9%)
Key Takeaway
Homes in Merton have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Merton was $662,000 in October 2024, up 5.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $405K | N/A |
| 3 Bedrooms | $380K | $585K | +53.9% |
| 4 Bedrooms | $687.5K | $670K | -2.5% |
| 5+ Bedrooms | $706.5K | $916.6K | +29.7% |
Summary: Merton 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 did not change, 3 bedroom homes increased by 53.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Cities
| Merton | $625K | $662K | +5.9% |
| Lisbon | $565K | $530K | -6.2% |
Housing Supply in Merton, WI
How many homes are available in Merton, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Summary: The Merton real estate market had 8 homes for sale in October 2024, a 42.9% decrease 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 | 4 | 5 | +25.0% |
| 4 Bedrooms | 10 | 3 | -70.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merton 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 25%, 4 bedroom homes decreased by 70%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Merton in October 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
