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Housing in Brookfield

534 homes sold in Brookfield in the last year, at a typical $523K

About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Brookfield homes are listed.

Homes sold
534
June 2025 to May 2026
Typical sale price
$523K
houses $552K · condos $430K
Price per square foot
$234
Wisconsin $194
Paid vs. asking
101.3%
52% sold over asking
For sale now
96
May 2026 · 50 sold that month
What sold · last 12 months

18% of Brookfield’s sales are condos, at $122K less than a house

438 houses and 94 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$552K

typical sale · 438 sold in 12 months

Per square foot
$235WI $196
Days to sell
39
Sold over asking
57%
Listings with a price cut
18%
Condos$430K

typical sale · 94 sold in 12 months

Per square foot
$228WI $209
Days to sell
57
Sold over asking
31%
Listings with a price cut
15%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $691K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 1.9 times the 2016 price

534 sales in the last year, against 728 in 2021 and a low of 450 in 2023. The typical sale went from $279K in 2016 to $523K.

Homes soldTypical sale price
0187375562750$300K$400K$500K$600K2015: 628 sold, typical $284K’152016: 612 sold, typical $279K2017: 617 sold, typical $310K’172018: 582 sold, typical $323K2019: 617 sold, typical $339K’192020: 693 sold, typical $368K2021: 728 sold, typical $414K’212022: 593 sold, typical $434K2023: 450 sold, typical $459K’232024: 457 sold, typical $481K2025: 506 sold, typical $522K’25Last 12 months: 534 sold, typical $523KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Brookfield

Houseat $235 a sq ft
Condoat $228 a sq ft
The same money in Wisconsinat $196 a sq ft

Is this asking price fair?

Check a listing against what Brookfield homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Brookfield are more common than before the pandemic, but 43% fewer homes come up for sale

We read every month of Brookfield’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 534 sales.

If you’re buying in Brookfield

  • Shop in April. It brings about 67 new listings a month, close to the busiest month, with fewer bidding wars (45% over asking).
  • Less room to haggle. Only 17% of listings cut their price, against 23% before the pandemic.
  • Bid near asking. Buyers paid 101.3% of the list price on average; 52% paid over.
  • Move fast on good ones. 57% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 81 a month), and the most competition: 52% close over asking. April and May offer nearly as much choice with fewer homes bid up (45%). January has the least competition (21%) but only about 30 new listings.

New listings a monthShare sold over asking
021.342.563.88520%40%60%Sweet spotJan: 30 new listings a month, 21% sold over asking, 73 days to sellJFeb: 44 new listings a month, 31% sold over asking, 78 days to sellFMar: 61 new listings a month, 40% sold over asking, 57 days to sellMApr: 67 new listings a month, 45% sold over asking, 52 days to sellAMay: 80 new listings a month, 49% sold over asking, 48 days to sellMJun: 81 new listings a month, 52% sold over asking, 49 days to sellJJul: 68 new listings a month, 47% sold over asking, 49 days to sellJAug: 62 new listings a month, 41% sold over asking, 52 days to sellASep: 48 new listings a month, 39% sold over asking, 52 days to sellSOct: 48 new listings a month, 35% sold over asking, 54 days to sellONov: 28 new listings a month, 31% sold over asking, 53 days to sellNDec: 18 new listings a month, 32% sold over asking, 58 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Wisconsin

Brookfield now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price52%33%61%38%
Gone within two weeksShare of homes under contract within 14 days57%46%62%46%
Listings with a price cutShare of homes for sale that cut their price17%23%14%18%
Price paid vs. askingAverage sale price ÷ list price101.3%98.7%102.7%99.6%
Days to sellMedian days from listing to contract42594751
Supply

86 homes for sale on a typical day

That’s 1.5 times the 2023 low (59), 43% fewer than in 2017–19 and well under 2015’s 196.

2015: 196 for sale’152016: 194 for sale2017: 165 for sale2018: 137 for sale’182019: 148 for sale2020: 128 for sale2021: 103 for sale’212022: 88 for sale2023: 59 for sale2024: 64 for sale’242025: 87 for saleLast 12 months: 86 for saleNow
Room to negotiate

1 in 6 listings has cut its price

17% in the last year, against 23% in 2017–19 and 18% across Wisconsin.

2015: 21%’152016: 22%2017: 22%2018: 25%’182019: 21%2020: 17%2021: 14%’212022: 17%2023: 16%2024: 21%’242025: 17%Last 12 months: 17%Now
Prices by type

Since 2019, houses are up 59%, condos 42%

A house typically sold for $552K in the last year (438 sales), a condo for $430K (94).

$300K$400K$500K$600K201420162018202020222024NowHouses 2014: $289K, 57 salesHouses 2015: $292K, 540 salesHouses 2016: $289K, 506 salesHouses 2017: $319K, 543 salesHouses 2018: $329K, 487 salesHouses 2019: $347K, 529 salesHouses 2020: $373K, 580 salesHouses 2021: $414K, 583 salesHouses 2022: $436K, 503 salesHouses 2023: $484K, 363 salesHouses 2024: $508K, 375 salesHouses 2025: $550K, 423 salesHouses last 12 months: $552K, 438 salesHouses $552KCondos 2014: $246K, 12 salesCondos 2015: $236K, 84 salesCondos 2016: $240K, 99 salesCondos 2017: $272K, 71 salesCondos 2018: $265K, 88 salesCondos 2019: $304K, 83 salesCondos 2020: $322K, 106 salesCondos 2021: $415K, 132 salesCondos 2022: $410K, 86 salesCondos 2023: $393K, 81 salesCondos 2024: $437K, 76 salesCondos 2025: $422K, 82 salesCondos last 12 months: $430K, 94 salesCondos $430K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Wisconsin

Brookfield ranks 21st of 158 busy Wisconsin markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Brookfield is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Brookfield home costs about $3,258 a month

Mortgage
Property tax
Insurance
Rent

Price: Brookfield’s typical sale, last 12 months. Property tax at Brookfield’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Brookfield is affordable on local pay is on Cost of living.

Before you buy in Brookfield

Six things worth knowing

81

New listings in June

The month with the most choice. December has the fewest, about 18.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $523K home, about $6,350 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Brookfield, from test results, graduation and how much students grow.

Schools in Brookfield
21 min

Typical commute

The average one-way trip to work for people who live in Brookfield.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

West Allis sells for less a square foot

The busier markets within 25 miles of Brookfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
West Allis726$279K$19859%36
Wauwatosa713$400K$22861%39
Menomonee Falls551$472K$23650%48
Brookfield534$523K$23452%42
New Berlin425$422K$23058%39
Elm Grove91$590K$25040%40
Lannon33$523K$25121%110

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Brookfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Brookfield. People who follow the town see it, and so do people comparing Brookfield with their own town. No commission, no listing fee.

Questions about buying a home in Brookfield

What do homes sell for in Brookfield, WI?

534 homes sold in the year to May 2026 at a typical $523K, $234 a square foot. Houses sold for about $552K, condos for about $430K.

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

A seller’s market: 96 homes were for sale in May 2026 and 50 sold, about 1.9 months of supply. Buyers paid 101.3% of asking on average, and 17% of listings cut their price.

When is the best time to buy in Brookfield?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Brookfield?

About 1.2% of a home’s value a year. On a $523K home that’s near $6,350.

Where can I see homes for sale in Brookfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Brookfield’s MLS listings; the search links above open each one filtered to Brookfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).