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BROOKFIELD, WI 53005

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The BROOKFIELD, WI real estate market (53005) currently shows 48 active listings, with 6 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

The median listing price has fallen 9.5% year-over-year, from $599,900 to $543,000.

Whether you are buying or selling in BROOKFIELD, 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: 21,624  ·  Density: 568.4/mi²  ·  Median household income: $120,988

Typical home value: $368,460  ·  Homeownership: 85.5%

Market Overview

Active Listings
48
⇩ 2% vs 49 last year
Pending
6
13% pending ratio
Median Price
$543,000
⇩ 9.5% vs $599,900 last year
Average Price
$632,817
⇩ 10.3% vs $705,105 last year
Days on Market
28
vs 28 days last year

Price Per Square Foot

Median $/sqft
$221
⇩ 10.5% vs $247/sqft last year
Median Home Size
2,417 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 49 last year
  • Days on market: 28 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $543,000 (-9.5% YoY)
  • Average: $632,817 (-10.3% 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 8.4 miles — 497 listings ($200,773,587 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53005Brookfield, WI 530050.0 mi31$21,727,311$548,675$700,881
53045Brookfield, WI 530452.6 mi58$41,238,638$622,400$711,011
53007Butler, WI 530073.5 mi2$687,300$343,650$343,650
53225Milwaukee, WI 532254.6 mi54$13,166,820$242,500$243,830
53214Milwaukee, WI 532145.1 mi39$9,937,239$266,200$254,801
53186Waukesha, WI 531865.9 mi30$10,789,290$321,200$359,643
53051Menomonee Falls, WI 530516.1 mi100$67,943,800$668,650$679,438
53216Milwaukee, WI 532166.4 mi66$11,805,090$172,980$178,865
53208Milwaukee, WI 532086.8 mi32$7,848,288$249,000$245,259
53146New Berlin, WI 531467.0 mi5$1,853,815$361,000$370,763
53228Milwaukee, WI 532287.2 mi13$4,077,645$317,350$313,665
53052Menomonee Falls, WI 530528.0 mi4$2,923,268$727,650$730,817
53206Milwaukee, WI 532068.4 mi63$6,775,083$99,095$107,541

Frequently Asked Questions

How many homes are for sale in BROOKFIELD, WI 53005?

As of July 2026, there are 48 active listings in BROOKFIELD, WI (zip code 53005), compared to 49 the prior year.

What is the median home price in BROOKFIELD, WI 53005?

The median listing price in BROOKFIELD, WI 53005 is $543,000 as of July 2026, a 9.5% decrease from $599,900 the prior year.

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

Homes in BROOKFIELD, WI 53005 spend an average of 28 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in BROOKFIELD, WI 53005?

Based on current inventory and days-on-market data as of July 2026, BROOKFIELD, WI 53005 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in BROOKFIELD, WI 53005 save an estimated $10,860 compared to a typical 5% commission on the median listing price of $543,000. 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.