$4,738 Closing Credit*
$399,000
1,896 SqFt
3 Beds
•1 Full Bath, 1 Partial
#1902094, Leslie Boyea, Listing Office: Quorum Enterprises, Inc.
Is Muskego, 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, Muskego has remained a Seller's Market.
Key Takeaway
Muskego is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muskego, WI
How much do homes in Muskego, WI cost?
Median Sold Price
$470,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.4%)
Key Takeaway
Homes in Muskego have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Muskego was $470,000 in November 2024, up 4.4% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $172.5K | N/A |
| 2 Bedrooms | $285K | $419.5K | +47.2% |
| 3 Bedrooms | $430K | $436K | +1.4% |
| 4 Bedrooms | $519.9K | $625K | +20.2% |
| 5+ Bedrooms | $727.5K | $690K | -5.2% |
Summary: Muskego 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 increased by 47.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Hales Corners | $335K | $363K | +8.4% |
| Franklin | $375K | $400K | +6.7% |
| Vernon | $450K | $475K | +5.6% |
| New Berlin | $390K | $410K | +5.1% |
| Muskego | $450K | $470K | +4.4% |
Housing Supply in Muskego, WI
How many homes are available in Muskego, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 62 | -10.1% |
Summary: The Muskego real estate market had 62 homes for sale in November 2024, a 10.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 21 | 20 | -4.8% |
| 3 Bedrooms | 29 | 22 | -24.1% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Muskego housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskego, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Muskego in November 2024, up by 15.0% month-over-month. Of the 23 sold homes, 52% were sold under asking, 0% were sold at asking, and 48% were sold over asking.
Days on Market for Muskego, WI
We’re sorry, we don't have information for this market at the moment
