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Mequon Town Hall Dec09Photo: Freekee · Public domain
Housing in Mequon

331 homes sold in Mequon in the last year, at a typical $618K

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 Mequon homes are listed.

Homes sold
331
June 2025 to May 2026
Typical sale price
$618K
houses $663K · condos $479K
Price per square foot
$238
Wisconsin $194
Paid vs. asking
101.1%
47% sold over asking
For sale now
74
May 2026 · 31 sold that month
What sold · last 12 months

18% of Mequon’s sales are condos, at $184K less than a house

272 houses and 59 condos sold in the year to May 2026. Condos draw more bidding wars.

Houses$663K

typical sale · 272 sold in 12 months

Per square foot
$241WI $196
Days to sell
45
Sold over asking
46%
Listings with a price cut
14%
Condos$479K

typical sale · 59 sold in 12 months

Per square foot
$222WI $209
Days to sell
45
Sold over asking
53%
Listings with a price cut
29%
11 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

331 sales in the last year, against 443 in 2021 and a low of 311 in 2023. The typical sale went from $391K in 2016 to $618K.

Homes soldTypical sale price
0112225337450$400K$500K$600K$700K2015: 397 sold, typical $353K’152016: 393 sold, typical $391K2017: 424 sold, typical $402K’172018: 388 sold, typical $404K2019: 412 sold, typical $444K’192020: 425 sold, typical $482K2021: 443 sold, typical $540K’212022: 379 sold, typical $546K2023: 311 sold, typical $589K’232024: 337 sold, typical $594K2025: 316 sold, typical $610K’25Last 12 months: 331 sold, typical $618KNow

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

What your budget buys

What $600K buys in Mequon

Houseat $241 a sq ft
Condoat $222 a sq ft
The same money in Wisconsinat $196 a sq ft

Is this asking price fair?

Check a listing against what Mequon 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 Mequon are more common than before the pandemic, but 60% fewer homes come up for sale

We read every month of Mequon’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, 331 sales.

If you’re buying in Mequon

  • Shop in March. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • Less room to haggle. Only 16% of listings cut their price, against 20% before the pandemic.
  • Bid near asking. Buyers paid 101.1% of the list price on average; 47% paid over.
  • Move fast on good ones. Half 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 51 a month), and the most competition: 37% close over asking. March and April offer nearly as much choice with fewer homes bid up (31%). January has the least competition (18%) but only about 29 new listings.

New listings a monthShare sold over asking
013.827.541.35513%27%40%Sweet spotJan: 29 new listings a month, 18% sold over asking, 93 days to sellJFeb: 36 new listings a month, 22% sold over asking, 97 days to sellFMar: 43 new listings a month, 31% sold over asking, 83 days to sellMApr: 46 new listings a month, 32% sold over asking, 71 days to sellAMay: 50 new listings a month, 34% sold over asking, 59 days to sellMJun: 51 new listings a month, 37% sold over asking, 59 days to sellJJul: 40 new listings a month, 34% sold over asking, 59 days to sellJAug: 40 new listings a month, 32% sold over asking, 62 days to sellASep: 34 new listings a month, 28% sold over asking, 65 days to sellSOct: 28 new listings a month, 28% sold over asking, 61 days to sellONov: 18 new listings a month, 29% sold over asking, 65 days to sellNDec: 14 new listings a month, 23% sold over asking, 79 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Wisconsin

Mequon now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price47%19%49%38%
Gone within two weeksShare of homes under contract within 14 days51%32%48%46%
Listings with a price cutShare of homes for sale that cut their price16%20%14%18%
Price paid vs. askingAverage sale price ÷ list price101.1%97.6%100.7%99.6%
Days to sellMedian days from listing to contract44775351
Supply

62 homes for sale on a typical day

That’s 60% fewer than in 2017–19 and well under 2015’s 167.

2015: 167 for sale’152016: 143 for sale2017: 161 for sale2018: 149 for sale’182019: 148 for sale2020: 116 for sale2021: 79 for sale’212022: 71 for sale2023: 65 for sale2024: 64 for sale’242025: 60 for saleLast 12 months: 62 for saleNow
Room to negotiate

1 in 6 listings has cut its price

16% in the last year, against 20% in 2017–19 and 18% across Wisconsin.

2015: 21%’152016: 18%2017: 21%2018: 19%’182019: 19%2020: 16%2021: 14%’212022: 12%2023: 15%2024: 17%’242025: 17%Last 12 months: 16%Now
Prices by type

Since 2019, houses are up 39%, condos 43%

A house typically sold for $663K in the last year (272 sales), a condo for $479K (59).

$350K$500K$650K$800K201420162018202020222024NowHouses 2014: $429K, 35 salesHouses 2015: $395K, 305 salesHouses 2016: $418K, 309 salesHouses 2017: $442K, 329 salesHouses 2018: $443K, 300 salesHouses 2019: $476K, 329 salesHouses 2020: $510K, 335 salesHouses 2021: $594K, 351 salesHouses 2022: $617K, 288 salesHouses 2023: $670K, 234 salesHouses 2024: $672K, 266 salesHouses 2025: $642K, 254 salesHouses last 12 months: $663K, 272 salesHouses $663KCondos 2014: $344K, 8 salesCondos 2015: $279K, 91 salesCondos 2016: $332K, 84 salesCondos 2017: $308K, 94 salesCondos 2018: $320K, 88 salesCondos 2019: $336K, 81 salesCondos 2020: $377K, 90 salesCondos 2021: $357K, 90 salesCondos 2022: $402K, 91 salesCondos 2023: $426K, 77 salesCondos 2024: $457K, 70 salesCondos 2025: $516K, 62 salesCondos last 12 months: $479K, 59 salesCondos $479K

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

Across Wisconsin

Mequon ranks 45th of 158 busy Wisconsin markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Mequon is in the middle of the pack.

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 Mequon home costs about $3,819 a month

Mortgage
Property tax
Insurance
Rent

Price: Mequon’s typical sale, last 12 months. Property tax at Mequon’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 Mequon is affordable on local pay is on Cost of living.

Before you buy in Mequon

Six things worth knowing

51

New listings in June

The month with the most choice. December has the fewest, about 14.

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 $618K home, about $7,140 a year.

Taxes vs. neighbors
A+

Schools

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

Schools in Mequon
22 min

Typical commute

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

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

Thiensville, Brown Deer, Germantown and Bayside sell for less a square foot

The busier markets within 25 miles of Mequon, 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
Mequon331$618K$23847%44
Germantown265$438K$21147%53
Brown Deer155$285K$17148%48
Cedarburg119$533K$25361%44
Bayside75$567K$22744%50
Thiensville56$341K$21754%52
River Hills40$1.1M$23930%102

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 Mequon, free

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

Questions about buying a home in Mequon

What do homes sell for in Mequon, WI?

331 homes sold in the year to May 2026 at a typical $618K, $238 a square foot. Houses sold for about $663K, condos for about $479K.

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

A seller’s market: 74 homes were for sale in May 2026 and 31 sold, about 2.4 months of supply. Buyers paid 101.1% of asking on average, and 16% of listings cut their price.

When is the best time to buy in Mequon?

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

How much are property taxes in Mequon?

About 1.2% of a home’s value a year. On a $618K home that’s near $7,140.

Where can I see homes for sale in Mequon?

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

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).