New Listing
2
$145,000
Fairview Dr Lot 26
Menomonee Falls, WI 53051
Land16,988 sqft lot
Mary Jane Deeken · Keller Williams-MNS Wauwatosa
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Menomonee Falls, WI Housing Market
Strong seller's market+3.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Menomonee Falls, WI is worth $439,642, rose 3.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $471,500, -2.4% year over year (through May 2026). With 1.8 months of supply and homes going under contract in about 40 days, Menomonee Falls is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $439,642 home is about $2,347/mo in principal and interest.
Key numbers for Menomonee Falls, WI
Typical home value
$439,642
+3.5% in 12 months
Zillow, August 2026
Typical asking rent
$1,895/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$471,500
-2.4% year over year
Redfin, through May 2026
Days on market
40
Average pace
Redfin, through May 2026
Active listings
121
1.8 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
$98,460
Home costs 4.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
102.6%
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 Menomonee Falls a buyer's or seller's market?
Strong seller's market1.8 months of supply40 days on market102.6% of asking
Menomonee Falls, WI is a strong seller's market, based on 1.8 months of supply and homes selling in about 40 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 Menomonee Falls housing market data show?
Every row below is Redfin's final published month for Menomonee Falls, WI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $471,500 |
| Median list price | $464,950 |
| Year-over-year price change | -2.4% |
| Median price per sq ft | $243/sq ft |
| Median days on market | 40 days |
| Active inventory | 121 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 102.6% |
| Homes sold (that month) | 68 |
| New listings (that month) | 72 |
| Listings with a price cut | 6.6% |
| Market condition | Strong 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 Menomonee Falls is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Menomonee Falls 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 Menomonee Falls home prices moved?
Over the last three years the median sale price in Menomonee Falls, WI rose 20.7%, from $390,500 to $471,500. The live Zillow value series has rose 3.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 6.6% of Menomonee Falls 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 1.8 months while the sale-to-list ratio slips below its current 102.6%. 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 Menomonee Falls?
Priced off the typical home value of $439,642 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $87,928 | $351,714 | $2,347/mo |
| 5% | $21,982 | $417,660 | $2,787/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 $2,347, that implies roughly $100,588 a year before you add taxes and insurance. The median household in Menomonee Falls earns $98,460, about $2,128 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.5x — 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 Menomonee Falls in the next 12 months?
Tell us your timeline. We send the Menomonee Falls market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Menomonee Falls?
Typical asking rent in Menomonee Falls, WI is $1,895/mo, against a typical home value of $439,642. That is a price-to-rent ratio of 19.3x, 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 $2,347 a month — $452 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 Menomonee Falls?
Active listings in Menomonee Falls, WI went from 123 in May 2025 to 121 in May 2026, a -1.6% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 127 | 68 |
| July 2025 | 129 | 64 |
| August 2025 | 114 | 55 |
| September 2025 | 106 | 36 |
| October 2025 | 127 | 54 |
| November 2025 | 107 | 27 |
| December 2025 | 89 | 19 |
| January 2026 | 94 | 34 |
| February 2026 | 96 | 39 |
| March 2026 | 101 | 53 |
| April 2026 | 112 | 61 |
| May 2026 | 121 | 72 |
Redfin, through May 2026
How does Menomonee Falls compare to Wisconsin and the U.S.?
Menomonee Falls homes sell for $471,500 — 30% above the Wisconsin median of $361,600. Against the national median of $410,700, Menomonee Falls runs 15% higher. Year-over-year, Menomonee Falls moved -2.4% against Wisconsin's +6.5% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Menomonee Falls, WI | $471,500 | -2.4% | 40 days |
| Wisconsin statewide | $361,600 | +6.5% | 44 days |
| United States | $410,700 | not published | not 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 Menomonee Falls
What buyers should watch
- Months of supply, currently 1.8. 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 6.6%. 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 $440 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 $439,642 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 Menomonee Falls listing goes under contract in 40 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 102.6% of asking. Price at the number you want and let competition do the rest.
- In the last published month Menomonee Falls added 72 new listings against 68 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.5% 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 Menomonee Falls varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Menomonee Falls
There are currently 121 homes listed for sale in Menomonee Falls, Wisconsin. The median listing price is $465K. Featured listings range from $145,000 to $979,900.
New Listing
$289,900
W188N5049 Red Crown Trl
Menomonee Falls, WI 53051
Land21,780 sqft lot
Scott Campbell · RE/MAX United - Cedarburg
View photos & details
New Listing
24
$419,900
N81W17495 Shady Ln
Menomonee Falls, WI 53051
2 bd2 ba1,666 sqft$252/ft²
Condo
Mary Timm · Shorewest Realtors, Inc.
View photos & details
New Listing
36
$500,000
W156N5045 Pilgrim Rd
Menomonee Falls, WI 53051
3 bd2 ba2,260 sqft$221/ft²
House27,443 sqft lot
Alexander Reid · Homesmart Connect LLC
View photos & details
New Build
$589,900
W197N5349 Lodgepole Ct
Menomonee Falls, WI 53051
3 bd3 ba1,660 sqft$355/ft²
House
View photos & details
New Build
$634,900
W197N5338 Lodgepole Ct
Menomonee Falls, WI 53051
3 bd3 ba1,848 sqft$344/ft²
House
View photos & details
New Build
$649,900
W197N5308 Lodgepole Ct
Menomonee Falls, WI 53051
3 bd2 ba1,572 sqft$413/ft²
House
View photos & details
New Build
$699,900
W199N5256 Ponderosa Ct
Menomonee Falls, WI 53051
4 bd3 ba2,056 sqft$340/ft²
House
View photos & details
New Build
3
$711,900
N66W21324 Sagebrush Dr
Menomonee Falls, WI 53051
3 bd3 ba2,213 sqft$322/ft²
House17,424 sqft lot
Mary Jane Deeken · Keller Williams-MNS Wauwatosa
View photos & details
New Build
11
$729,990
W207 N5817 Muirfield Dr
Menomonee Falls, WI 53051
3 bd2 ba2,257 sqft$323/ft²
House14,810 sqft lot
Jordan Kaerek · Kaerek Homes, Inc.
View photos & details
New Build
40
$940,000
N66W21193 Sweet Clover Dr
Menomonee Falls, WI 53051
3 bd3 ba2,500 sqft$376/ft²
House16,553 sqft lot
Braden Team* · First Weber Inc - Menomonee Falls
View photos & details
New Build
12
$979,900
N66W21075 Sweet Clover Dr
Menomonee Falls, WI 53051
5 bd4 ba3,298 sqft$297/ft²
House15,246 sqft lot
Jacqueline Nyman · Perthel Realty, Inc
View photos & details
Looking to buy in Menomonee Falls?
Get connected with a local real estate expert — free, no obligation.
Active listings
121
Homes on market
Median list price
$465K
Avg. days on market
40
Days until sale
New this week
72
Newly listed
Price drops:6.6%of listings
Sale-to-list:102.6%
How much do homes cost in Menomonee Falls by property type?
How the Menomonee Falls, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $495,000 | $250/sq ft | 55 | 38 days |
| Condo / co-op | $417,500 | $223/sq ft | 12 | 47 days |
| Townhouse | $152,000 | $187/sq ft | 1 | 9 days |
Who lives in Menomonee Falls?
American Community Survey estimates for Menomonee Falls. U.S. Census ACS, 2023
Population
38,963
Households
16,137
Median income
$98,460/yr
Median age
42 years
Owner-occupied
75.0%
Median home value
$341,600
Median gross rent
$1,257/mo
Mean commute
20.7 min
75.0% of occupied homes in Menomonee Falls 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 $341,600 against Zillow's $439,642 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 $1,257/mo, below Zillow's $1,895/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Menomonee Falls?
8 schools tracked · 4,682 students
The largest public schools serving Menomonee Falls, 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.
Menomonee Falls High
Grades 9-12 · 1,291 students
North Middle
Grades 6-8 · 808 students
Benjamin Franklin Elementary and Early Learning Center
Grades PK-2 · 568 students
Marcy Elementary
Grades K-4 · 511 students
Shady Lane Elementary
Grades PK-2 · 449 students
Riverside Elementary
Grades 3-5 · 428 students
Valley View Elementary
Grades 3-5 · 384 students
Willow Springs Learning Center
Grades PK · 243 students
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 Menomonee Falls, WI?
Ordered by distance from Menomonee Falls, not by size. Compare Menomonee Falls side by side with any of them.
Which ZIP codes are in Menomonee Falls?
These are the ZIP codes we see on active Menomonee Falls 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.
Menomonee Falls housing market FAQ
Is Menomonee Falls a buyer's or seller's market?
Menomonee Falls, WI is currently a strong seller's market. That read comes from 1.8 months of supply, homes going under contract in about 40 days, and sellers getting 102.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Menomonee Falls?
The typical home in Menomonee Falls, WI is worth $439,642 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $471,500, about $243 per square foot.
Is Menomonee Falls cheaper than the rest of Wisconsin?
Menomonee Falls's median sale price of $471,500 is 30% higher than the Wisconsin statewide median of $361,600, and 15% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Menomonee Falls?
Homes in Menomonee Falls, WI spent a median of 40 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 Menomonee Falls?
At the current 30-year fixed rate of 7.03%, 20% down on a $439,642 home is about $2,347 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $100,588 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $98,460.
Are home prices rising in Menomonee Falls?
The typical home value in Menomonee Falls, WI rose 3.5% over the last 12 months, from $424,762 to $439,642 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Menomonee Falls?
Menomonee Falls 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 Menomonee Falls?
That depends on your timeline, not on a headline. What the data says today: Menomonee Falls, WI is a strong seller's market with 1.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.3x 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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