Brookfield, WI, Real Estate
Brookfield, Wisconsin, is a vibrant suburban city located just west of Milwaukee, known for its blend of urban convenience and small-town charm. With a population of approximately 41,000, it offers a high quality of life, featuring top-rated schools, lush parks, and a thriving business community. The city is home to the bustling Brookfield Square Mall and a variety of dining and entertainment options, making it a hub for shopping and leisure. Its proximity to major highways and downtown Milwaukee provides easy access to urban amenities while maintaining a peaceful, family-friendly atmosphere. Brookfield’s well-planned neighborhoods, strong economy, and community events, like the annual Brookfield Farmers’ Market, make it an attractive destination for residents and visitors alike.
Brookfield currently has 79 single family homes for sale with an average list price of $702,136.57, 7 townhouses for sale with an average list price of $471,200, 24 condos for sale with an average list price of $667,541.67, and 26 lots for sale with an average list price of $461,453.85. The average annual property tax for Brookfield is $5,180.99.
Browse Brookfield
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Brookfield, i.e. what's hot and what's not.
See What's Hot & What's Not in Brookfield
Market Trends
Brookfield home sales for the month of August decreased in volume by 24.1% when compared to last year, while the median sale price decreased by 4.2% from $472,500 to $452,500. House sales decreased by 23.4%, while the median sale price rose by 6.4% from $481,500 to $512,250. Condo sales decreased by 22.2%, while the median sale price decreased by 28.1% from $440,000 to $316,500. Townhouse sales decreased by 50%, while the median sale price decreased by 10.2% from $412,250 to $370,000.
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785
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647
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481
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468
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$410,000
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$422,000
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$440,000
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$475,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Brookfield
Number of Sales for Brookfield
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