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LANNON, WI 53046

Real Estate Market Report  ·  Waukesha County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LANNON, WI real estate market (53046) currently shows 31 active listings, with 5 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 25 days last year.

The median listing price has risen 4.7% year-over-year, from $553,700 to $579,900.

Whether you are buying or selling in LANNON, 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: 1,351  ·  Density: 211.0/mi²  ·  Median household income: $75,675

Typical home value: $0  ·  Homeownership: 84.8%

Market Overview

Active Listings
31
⇧ 933.3% vs 3 last year
Pending
5
16% pending ratio
Median Price
$579,900
⇧ 4.7% vs $553,700 last year
Average Price
$614,640
⇧ 11% vs $553,700 last year
Days on Market
62
⇧ 148% vs 25 days last year

Price Per Square Foot

Median $/sqft
$304
⇧ 29.4% vs $235/sqft last year
Median Home Size
2,361 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 3 last year
  • Days on market: 62 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $579,900 (+4.7% YoY)
  • Average: $614,640 (+11% 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 10.9 miles — 481 listings ($208,890,953 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53046Lannon, WI 530460.0 mi25$15,098,575$579,900$603,943
53052Menomonee Falls, WI 530522.7 mi4$2,923,268$727,650$730,817
53007Butler, WI 530075.4 mi2$687,300$343,650$343,650
53022Germantown, WI 530225.9 mi45$19,018,845$400,500$422,641
53045Brookfield, WI 530456.3 mi58$41,238,638$622,400$711,011
53005Brookfield, WI 530056.9 mi31$21,727,311$548,675$700,881
53033Hubertus, WI 530337.6 mi5$6,070,840$699,900$1,214,168
53122Elm Grove, WI 531228.1 mi13$10,457,226$534,950$804,402
53223Milwaukee, WI 532238.6 mi52$9,063,860$156,475$174,305
53186Waukesha, WI 531869.2 mi30$10,789,290$321,200$359,643
53029Hartland, WI 530299.4 mi33$36,425,499$794,000$1,103,803
53216Milwaukee, WI 5321610.3 mi66$11,805,090$172,980$178,865
53209Milwaukee, WI 5320910.9 mi117$23,585,211$177,450$201,583

Frequently Asked Questions

How many homes are for sale in LANNON, WI 53046?

As of March 2026, there are 31 active listings in LANNON, WI (zip code 53046), compared to 3 the prior year.

What is the median home price in LANNON, WI 53046?

The median listing price in LANNON, WI 53046 is $579,900 as of March 2026, a 4.7% increase from $553,700 the prior year.

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

Homes in LANNON, WI 53046 spend an average of 62 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in LANNON, WI 53046?

Based on current inventory and days-on-market data as of March 2026, LANNON, WI 53046 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 25 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LANNON, WI 53046 save an estimated $11,598 compared to a typical 5% commission on the median listing price of $579,900. 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.