Is Menomonee Falls, WI 53051 a buyer’s or seller’s market?

The Menomonee Falls housing market right now

In the three months ending August 31, 2026, 53% of homes in Menomonee Falls, WI 53051 sold above their list price, the typical home went under contract in 42 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 203 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (53% then), homes sold about as fast and the median sale price fell 4% to $454,803. Overall, Menomonee Falls is about as competitive as it was a year ago.

Within Waukesha County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Menomonee Falls ranks #50 of 319 WI ZIP codes with enough sales (score 81 out of 100).

Nearby, buyers who want less competition could look at Okauchee 53069 (0% sold over asking) or Wales 53183 (14% sold over asking), while Waukesha 53186 (71% sold over asking) and Butler 53007 (70% sold over asking) are even more competitive.