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MEQUON, WI 53097

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MEQUON, WI real estate market (53097) currently shows 25 active listings, with 4 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 26 days last year.

The median listing price has fallen 2.4% year-over-year, from $842,400 to $822,423.

Whether you are buying or selling in MEQUON, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,220  ·  Density: 103.2/mi²  ·  Median household income: $148,633

Typical home value: $508,613  ·  Homeownership: 95.3%

Market Overview

Active Listings
25
⇧ 56.3% vs 16 last year
Pending
4
16% pending ratio
Median Price
$822,423
⇩ 2.4% vs $842,400 last year
Average Price
$981,548
⇩ 14% vs $1,140,789 last year
Days on Market
29
⇧ 11.5% vs 26 days last year

Price Per Square Foot

Median $/sqft
$290
⇧ 12% vs $259/sqft last year
Median Home Size
2,796 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 16 last year
  • Days on market: 29 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $822,423 (-2.4% YoY)
  • Average: $981,548 (-14% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.7 miles — 504 listings ($262,187,810 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53097Mequon, WI 530970.0 mi15$14,765,445$799,990$984,363
53012Cedarburg, WI 530124.9 mi38$28,413,854$695,000$747,733
53223Milwaukee, WI 532235.8 mi54$10,590,804$189,900$196,126
53024Grafton, WI 530247.0 mi64$41,946,112$668,900$655,408
53217Milwaukee, WI 532177.6 mi47$42,865,739$527,500$912,037
53051Menomonee Falls, WI 530518.9 mi91$59,883,369$659,450$658,059
53218Milwaukee, WI 532189.1 mi80$14,240,800$169,900$178,010
53007Butler, WI 5300710.0 mi3$974,850$339,950$324,950
53076Richfield, WI 5307610.3 mi2$1,389,266$709,000$694,633
53080Saukville, WI 5308011.2 mi13$7,656,051$399,900$588,927
53210Milwaukee, WI 5321012.3 mi45$8,602,830$174,900$191,174
53095West Bend, WI 5309512.5 mi43$24,018,897$430,000$558,579
53017Colgate, WI 5301712.7 mi9$6,839,793$675,000$759,977

Frequently Asked Questions

How many homes are for sale in MEQUON, WI 53097?

As of February 2026, there are 25 active listings in MEQUON, WI (zip code 53097), compared to 16 the prior year.

What is the median home price in MEQUON, WI 53097?

The median listing price in MEQUON, WI 53097 is $822,423 as of February 2026, a 2.4% decrease from $842,400 the prior year.

How long do homes stay on the market in MEQUON, WI?

Homes in MEQUON, WI 53097 spend an average of 29 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in MEQUON, WI 53097?

Based on current inventory and days-on-market data as of February 2026, MEQUON, WI 53097 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 26 days last year.

How much can I save on real estate commission in MEQUON, WI?

With SELL123.com's maximum 3% commission, sellers in MEQUON, WI 53097 save an estimated $16,448 compared to a typical 5% commission on the median listing price of $822,423. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.