Is Brookfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brookfield has remained a Seller's Market.
Housing Prices in Brookfield, WI
How much do homes in Brookfield, WI cost?
Median Sold Price
$465,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brookfield was $465,000 in April 2024, up 8.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310.5K | $365K | +17.6% |
3 Bedrooms | $380.4K | $430K | +13.0% |
4 Bedrooms | $533K | $535.7K | 0.5% |
5+ Bedrooms | $735K | $810K | +10.2% |
Summary: Brookfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
Elm Grove | $551.4K | $630K | +14.2% |
Wauwatosa | $340K | $375.6K | +10.5% |
West Allis | $220K | $240.7K | +9.4% |
Brookfield | $429.9K | $465K | +8.2% |
Housing Supply in Brookfield, WI
How many homes are available in Brookfield, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 122 | +32.6% |
Summary: The Brookfield real estate market had 122 homes for sale in April 2024, a 32.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 20 | 17 | -15.0% |
3 Bedrooms | 41 | 56 | +36.6% |
4 Bedrooms | 23 | 40 | +73.9% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Brookfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 36.6%, 4 bedroom homes increased by 73.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 36 | -2.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Brookfield in April 2024, down by 2.7% month-over-month. Of the 36 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Brookfield, WI
We’re sorry, we don't have information for this market at the moment