Home Values

Mequon Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$340,300

  • 7.8% 1-year change
  • 1.5% 1-year forecast

The median home value in Mequon is $340,300. Mequon home values have gone up 7.8% over the past year and Zillow predicts they will rise 1.5% within the next year. The median price of homes currently listed in Mequon is $399,000 while the median price of homes that sold is $327,340. The median rent price in Mequon is $2,395, which is higher than the Milwaukee Metro median of $935.

Foreclosures will be a factor impacting home values in the next several years. In Mequon 0.6 homes are foreclosed (per 10,000). This is lower than the Milwaukee Metro value of 3.5 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mequon is 2.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mequon homeowners underwater on their mortgage is 5.7%, which is lower than Milwaukee Metro at 21.2%.

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Relative ZHVI
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Mequon Market Overview

Data through Sep 30, 2014
  • $340,300 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $399,000 Median listing price
  • $327,340 Median sale price
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Mequon Market Health

Data through Sep 30, 2014
  • 6.5/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 5.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.6 homes(Jul 31, 2014) Mequon
3.5 homes Milwaukee Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Town of Cedarburg $251,600
Town of Germantown $233,300
Thiensville $218,900
Name Median ZHVI
Menomonee Falls $212,200
Town of Grafton $194,000
Butler $163,000
Name Median ZHVI
Milwaukee $93,000
Glendale $89,600
Brown Deer $65,400

Listings & Sales

Data through Sep 30, 2014
  • $161 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 50.0% Listings with price cut
18.6%
Sold below listing
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Mequon Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,919 Mequon
    $1,413 Milwaukee Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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