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Sarah Mitchell

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Compass Real Estate · Brookfield, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Brookfield, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Brookfield, WI Housing Market

Strong seller's market+2.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Brookfield, WI is worth $528,294, rose 2.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $595,000, -2.0% year over year (through May 2026). With 1.9 months of supply and homes going under contract in about 43 days, Brookfield is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $528,294 home is about $2,820/mo in principal and interest.

Key numbers for Brookfield, WI

Typical home value

$528,294

+2.6% in 12 months

Zillow, August 2026

Typical asking rent

$2,237/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$595,000

-2.0% year over year

Redfin, through May 2026

Days on market

43

Average pace

Redfin, through May 2026

Active listings

96

1.9 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$124,026

Home costs 4.3x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.8%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Brookfield a buyer's or seller's market?

Strong seller's market1.9 months of supply43 days on market101.8% of asking

Brookfield, WI is a strong seller's market, based on 1.9 months of supply and homes selling in about 43 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Brookfield housing market data show?

Every row below is Redfin's final published month for Brookfield, WI. Redfin, through May 2026

Housing market statistics for Brookfield, WI, Redfin through May 2026
MetricValue
Median sale price$595,000
Median list price$530,000
Year-over-year price change-2.0%
Median price per sq ft$233/sq ft
Median days on market43 days
Active inventory96 listings
Months of supply1.9 months
Sale-to-list price ratio101.8%
Homes sold (that month)50
New listings (that month)69
Listings with a price cut11.5%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Brookfield is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Brookfield is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Brookfield home prices moved?

Over the last three years the median sale price in Brookfield, WI rose 26.6%, from $470,000 to $595,000. The live Zillow value series has rose 2.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 11.5% of Brookfield listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.9 months while the sale-to-list ratio slips below its current 101.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Brookfield?

Priced off the typical home value of $528,294 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Brookfield, WI
Down paymentCash at closeLoan amountMonthly P&I
20%$105,659$422,635$2,820/mo
5%$26,415$501,879$3,349/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,820, that implies roughly $120,871 a year before you add taxes and insurance. The median household in Brookfield earns $124,026, about $3,155 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Brookfield in the next 12 months?

Tell us your timeline. We send the Brookfield market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Brookfield?

Typical asking rent in Brookfield, WI is $2,237/mo, against a typical home value of $528,294. That is a price-to-rent ratio of 19.7x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,820 a month — $583 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Brookfield?

Active listings in Brookfield, WI went from 116 in May 2025 to 96 in May 2026, a -17.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Brookfield, WI
MonthActive listingsNew listings
June 202511464
July 202510152
August 20258954
September 202510159
October 20259649
November 20258534
December 20255913
January 20267032
February 20266728
March 20266741
April 20268663
May 20269669

Redfin, through May 2026

How does Brookfield compare to Wisconsin and the U.S.?

Brookfield homes sell for $595,000 — 65% above the Wisconsin median of $361,600. Against the national median of $410,700, Brookfield runs 45% higher. Year-over-year, Brookfield moved -2.0% against Wisconsin's +6.5% — a smaller swing than the state as a whole.

Brookfield, WI compared with Wisconsin and the United States
MarketMedian sale priceYoYDays on market
Brookfield, WI$595,000-2.0%43 days
Wisconsin statewide$361,600+6.5%44 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Brookfield

What buyers should watch

  • Months of supply, currently 1.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 11.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $529 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $528,294 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Brookfield listing goes under contract in 43 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.8% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Brookfield added 69 new listings against 50 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +2.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Brookfield varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Brookfield

There are currently 96 homes listed for sale in Brookfield, Wisconsin. The median listing price is $530K. Featured listings range from $329,900 to $2,795,000.

2 bedroom condo for sale at 18125 W Wisconsin Ave Unit 203 Brookfield 53045 - $329,900
New Listing
32
$329,900

18125 W Wisconsin Ave Unit 203

Brookfield, WI 53045

2 bd2 ba1,250 sqft$264/ft²
Condo

Charlene Nikolai · Cove Realty, LLC

View photos & details
2 bedroom house for sale at 145 Lynnwood Ln Brookfield 53005 - $399,900
New Listing
34
$399,900

145 Lynnwood Ln

Brookfield, WI 53005

2 bd2 ba1,791 sqft$223/ft²
House13,939 sqft lot

David Kiernan · Compass RE WI-Tosa

View photos & details
3 bedroom house for sale at 3385 Bradee Rd Brookfield 53005 - $399,900
14
$399,900

3385 Bradee Rd

Brookfield, WI 53005

3 bd2 ba1,914 sqft$209/ft²
House26,136 sqft lot

Mary Accetta · RE/MAX Lakeside-Central

View photos & details
2 bedroom condo for sale at 4780 Cara Marie Ct Unit B Brookfield 53005 - $409,900
New Listing
17
$409,900

4780 Cara Marie Ct Unit B

Brookfield, WI 53005

2 bd5 ba1,573 sqft$261/ft²
Condo

Robin Fazio · Buyers Vantage

View photos & details
2 bedroom condo for sale at 515 S McAurther Ln Unit A Brookfield 53045 - $424,900
New Listing
29
$424,900

515 S McAurther Ln Unit A

Brookfield, WI 53045

2 bd2 ba1,775 sqft$239/ft²
Condo

Bonnie Malcore · Shorewest Realtors, Inc.

View photos & details
3 bedroom house for sale at 18215 Parish Dr Brookfield 53045 - $440,000
New Listing
61
$440,000

18215 Parish Dr

Brookfield, WI 53045

3 bd2 ba1,750 sqft$251/ft²
House20,038 sqft lot

Marc Weisz · Benchmark Real Estate, LLC

View photos & details
3 bedroom house for sale at 1365 Poplar Ridge Ct Brookfield 53045 - $549,900
New Listing
37
$549,900

1365 Poplar Ridge Ct

Brookfield, WI 53045

3 bd3 ba2,335 sqft$236/ft²
House16,553 sqft lot

William Eulberg · Redfin Corporation

View photos & details
4 bedroom house for sale at 2340 Alta Louise Pkwy Brookfield 53045 - $565,000
New Listing
70
$565,000

2340 Alta Louise Pkwy

Brookfield, WI 53045

4 bd3 ba3,598 sqft$157/ft²
House26,136 sqft lot

Chuck Karpfinger · RE/MAX Lakeside-West

View photos & details
3 bedroom condo for sale at 2945 N 186th St Brookfield 53045 - $599,900
New Listing
32
$599,900

2945 N 186th St

Brookfield, WI 53045

3 bd3 ba1,988 sqft$302/ft²
Condo

Jenna Meza · Mahler Sotheby's International Realty

View photos & details
3 bedroom house for sale at 18220 Colline Vue Blvd Brookfield 53045 - $649,900
New Listing
27
$649,900

18220 Colline Vue Blvd

Brookfield, WI 53045

3 bd3 ba2,134 sqft$305/ft²
House20,909 sqft lot

Bonnie Malcore · Shorewest Realtors, Inc.

View photos & details
3 bedroom condo for sale at 2960 N 186th St Unit 10 Brookfield 53045 - $1,275,000
New Build
86
$1,275,000

2960 N 186th St Unit 10

Brookfield, WI 53045

3 bd3 ba3,063 sqft$416/ft²
Condo

Dana Karow · The Stefaniak Group, LLC

View photos & details
5 bedroom house for sale at 13145 Kittridge Ct Brookfield 53005 - $2,795,000
New Listing
65
$2,795,000

13145 Kittridge Ct

Brookfield, WI 53005

5 bd5 ba6,401 sqft$437/ft²
House27,007 sqft lot

Pat Bitterberg · Shorewest Realtors, Inc.

View photos & details

Looking to buy in Brookfield?

Get connected with a local real estate expert — free, no obligation.

Active listings

96

Homes on market

Median list price

$530K

Avg. days on market

43

Days until sale

New this week

69

Newly listed

Price drops:11.5%of listings
Sale-to-list:101.8%

How much do homes cost in Brookfield by property type?

How the Brookfield, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Brookfield, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$665,100$239/sq ft3940 days
Condo / co-op$431,550$223/sq ft1055 days

Who lives in Brookfield?

American Community Survey estimates for Brookfield. U.S. Census ACS, 2023

Population

41,592

Households

16,197

Median income

$124,026/yr

Median age

43.6 years

Owner-occupied

82.7%

Median home value

$419,300

Median gross rent

$1,794/mo

Mean commute

20.3 min

82.7% of occupied homes in Brookfield are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $419,300 against Zillow's $528,294 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,794/mo, below Zillow's $2,237/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Brookfield?

8 schools tracked · 6,467 students

The largest public schools serving Brookfield, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Brookfield East High

Grades 9-12 · 1,398 students

Public

Brookfield Central High

Grades 9-12 · 1,172 students

Public

Burleigh Elementary

Grades PK-5 · 915 students

Public

Wisconsin Hills Middle

Grades 6-8 · 822 students

Public

Swanson Elementary

Grades PK-5 · 806 students

Public

Brookfield Elementary

Grades PK-5 · 676 students

Public

Dixon Elementary

Grades PK-5 · 672 students

Public

Fairview South

Grades 5-12 · 6 students

Special ed

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Brookfield, WI?

Ordered by distance from Brookfield, not by size. Compare Brookfield side by side with any of them.

Which ZIP codes are in Brookfield?

These are the ZIP codes we see on active Brookfield listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Brookfield housing market FAQ

Is Brookfield a buyer's or seller's market?

Brookfield, WI is currently a strong seller's market. That read comes from 1.9 months of supply, homes going under contract in about 43 days, and sellers getting 101.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Brookfield?

The typical home in Brookfield, WI is worth $528,294 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $595,000, about $233 per square foot.

Is Brookfield cheaper than the rest of Wisconsin?

Brookfield's median sale price of $595,000 is 65% higher than the Wisconsin statewide median of $361,600, and 45% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Brookfield?

Homes in Brookfield, WI spent a median of 43 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Brookfield?

At the current 30-year fixed rate of 7.03%, 20% down on a $528,294 home is about $2,820 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $120,871 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $124,026.

Are home prices rising in Brookfield?

The typical home value in Brookfield, WI rose 2.6% over the last 12 months, from $514,815 to $528,294 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Brookfield?

Brookfield ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Brookfield?

That depends on your timeline, not on a headline. What the data says today: Brookfield, WI is a strong seller's market with 1.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.7x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.