Richfield Market Update • March 12, 2026

Richfield Housing Market Update

by Dillon Kanitz-Reed

View of the Kettle Moraine landscape from Holy Hill in Washington County, Wisconsin. Photo by Michael Barera (CC BY-SA 4.0).

Richfield, Wisconsin – Washington County Real Estate Market

Market Activity

The Richfield housing market remained steady during this reporting period. However, transaction volume is naturally lower here than in larger nearby communities.

New Listings: 4
Properties Sold: 5

Because Richfield has a smaller housing supply, even a few listings or sales can noticeably affect the local statistics.

Home Prices

Home values in Richfield continue to reflect the area’s mix of larger homes, acreage properties, and rural surroundings.

Average List Price: $684,711
Median List Price: $687,500
Average Sales Price: $526,501
Median Sales Price: $430,000
Average Sales Price per Square Foot: $313

However, prices can vary widely from month to month. This is because homes in Richfield often differ in size, acreage, and custom features.

Market Pace

Homes in Richfield are still selling at a healthy pace. In fact, properties are moving faster than many buyers might expect.

Average Days on Market: 30 days
Sale-to-List Price Ratio: 101.5%

As a result, well-priced homes continue to attract strong buyer interest. In many cases, sellers are still receiving offers at or slightly above the asking price.

Inventory Conditions

Inventory remains limited in Richfield. Currently, only a small number of homes are available for buyers.

Properties for Sale: 8
Months of Supply: 1.6
Absorption Rate: 0.62

Typically, a balanced housing market has about four to six months of inventory. Because Richfield currently has much less supply, conditions still lean toward a seller-favored market.

Home Seller Insight

Lighting is one detail many sellers overlook when preparing their home for photos and showings. Yet lighting can have a big impact on how a home feels to buyers.

Before listing, consider replacing older bulbs with warm LED lighting. Also, open curtains to let in as much natural light as possible. Brighter spaces usually photograph better online and can make rooms feel larger during showings.

Curious About Local Home Values?

With inventory remaining limited in Richfield, some homeowners have been surprised by how much values have changed over the past few years.

If you’re curious about recent comparable sales or current pricing trends in the area, I’m always happy to share additional local market data.

This report summarizes the latest housing data and real estate trends in Richfield, Wisconsin to help buyers and sellers better understand current local housing market conditions.

Grafton Market Update • March 5, 2026

Grafton Housing Market Update – February 2026

by Dillon Kanitz-Reed

Downtown Grafton, Wisconsin — Photo by Freekee via Wikimedia Commons (CC BY-SA 4.0)

February 2026

Here’s a quick look at how the Grafton housing market performed in February.

Market Activity

The Grafton market remained active through February, with 15 new listings coming to market and 13 homes closing during the month.

At the time of this report, 45 properties were actively listed for sale in Grafton, giving buyers a modest but growing selection of homes to consider.

Home Prices

Pricing in Grafton continues to show resilience.

Average List Price: $645,109
Median List Price: $668,900
Average Sale Price: $591,408
Median Sale Price: $564,575

On average, homes sold for 103.24% of their list price, showing that well-positioned listings can still attract strong offers.

Market Pace

Homes spent an average of 80 days on the market, suggesting that while some properties sell quickly, buyers are taking more time to evaluate options compared to the extremely fast pace seen in previous years.

The average sale price per square foot reached $240, reflecting continued demand for homes in the Grafton area.

Inventory Conditions

Inventory levels remain relatively balanced.

Active Listings: 45
Months of Supply: 3.46
Absorption Rate: 0.29

A balanced market typically falls between 4 and 6 months of supply, so Grafton continues to lean slightly toward a seller-favored environment, though buyers are beginning to see more choices appear.

Home Flow Insight

Last week we focused on the entrance of the home. This week, consider the pathways inside your space.

Take a moment to walk through your home and notice whether hallways or transitions between rooms feel open or crowded. Furniture, stacked items, or everyday clutter in these areas can interrupt the natural movement through a home.

Creating a little extra breathing room in these pathways can make a home feel calmer and more welcoming without making major changes.

Small adjustments in how a home flows often have a bigger impact than we expect.

What have you been noticing in the Grafton market lately? Does inventory feel like it’s opening up, or still tight from your perspective?

— Dillon Reed
Coldwell Banker Realty

Cedarburg Market Update • February 26, 2026

Cedarburg, WI Real Estate Market Update – January 2026

by Dillon Kanitz-Reed

The Cedarburg, WI real estate market remained inventory-constrained in January, with 15 active residential listings and 11 closed sales across single-family homes, condominiums, and townhomes. With just 1.36 months of supply, the market continues to reflect strong seller-leaning conditions.

Here’s a closer look at what the numbers show.

Current Inventory & Sales Activity

Active Listings: 15
New Listings: 10
Closed Sales: 11 (↑10%)
Months of Supply: 1.36 (↓20%)
Absorption Rate: 0.73

Inventory remains tight. A 1.36-month supply indicates that if no new homes were listed, current inventory would be absorbed quickly. This level of supply continues to support pricing stability and competitive positioning for well-prepared sellers.

Pricing Trends

Median Sale Price: $637,000
Average Sale Price: $614,000 (↓13%)
Median List Price: $800,000 (↑54%)
Average Price per Sq Ft: $275
Sale-to-List Price Ratio: 99.3% (↓2%)

While the median list price increased significantly month-over-month, this is likely influenced by higher-end inventory entering the market rather than broad-based price inflation. The median sale price remains solid, and homes are selling at nearly full asking price, suggesting alignment between buyer expectations and seller pricing.

The slight dip in average sale price reflects shifting sales mix rather than weakening demand.

Market Velocity

Average Days on Market: 23

Homes that are properly priced continue to move efficiently. An average of 23 days on market indicates steady buyer activity and decisive purchasing behavior, particularly given the limited inventory environment.

What This Means for Sellers

Low supply and strong sale-to-list ratios indicate that sellers who price strategically and prepare their homes well can still achieve competitive results. While the intensity of past peak years may have moderated, Cedarburg remains a supply-constrained market.

Presentation and pricing discipline remain critical.

What This Means for Buyers

With just over one month of supply, buyers continue to face limited options. However, days on market suggest that while decisions need to be timely, the environment is not chaotic.

Preparation, financing clarity, and realistic expectations remain key.

Outlook

Cedarburg continues to reflect modest seller advantage driven by constrained inventory and steady buyer demand. Unless inventory expands meaningfully, pricing support is likely to remain stable in the near term.

Home Flow Insight

The Entry Sets the Tone.
Buyers form their first emotional impression within seconds of walking through the front door. A clear, well-lit, and uncluttered entryway creates openness and calm.

In practical terms: remove excess furniture, ensure lighting is warm and functional, and keep sightlines open from the doorway into the home. Small adjustments at the entry often influence how the entire property feels.