Thiensville, WI Real Estate

Thiensville, Wisconsin Real Estate

Thiensville, a self-governed village one square mile in size, is located in the heart of the City of Mequon. Nicknamed the “mile of smiles,” Thiensville is home to 3,235 residents. A quaint Village, Thiensville has many historic buildings.

In 2005, CNN’s Money Magazine named Thiensville 19th of the 100 Best Places to Live in the United States.

Amenities
The Thiensville Business District is located along Main Street and includes Suburban Motors, one of the largest Harley-Davidson dealerships in Southeastern Wisconsin and numerous specialty shops.

For fun, Thiensville residents take part in the Thiensville Extreme Ski & Bike Cycling Classic, which is part of the very popular “Tour of America’s Dairyland” race series. There is also the annual “Family Fun Before the Fourth” festival, which is held on the Saturday before the Fourth of July. It hosts a grand parade during the day and spectacular fireworks display at night.

Local organic advocates find their way to the Thiensville Farmers’ Market, which is held every Tuesday from May to October. It offers fresh produce and flowers from local area growers.

History
In 1842, Jochim Heinrich Thien settled in the area and bought 148 acres. Thien then laid out the plans for the village, built a mill and the land was henceforth known as “Thiensville.”

To find local properties for sale in Thiensville, click here.

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Market Conditions
Market Conditions for Thiensville - November 2024 | Shorewest Realtors®
November 2024

Market Conditions for Thiensville

Median Sale Price Graph

Median Sale Price

The median sale price for homes in November was $355,000. The median sales price for homes in November rose by $86,500 compared to last month. This represents a 32.21% increase from October. Compared to the same month last year, the median price of homes rose by $54,500 representing a 18.13% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 9 in November to 0. This represents 0% decrease from October when 9 homes were on the market. Compared to the same month last year when there were 5 homes for sale, the inventory of homes for sale has fallen by 5 representing a 0% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 5 homes sold in November was 3 less than in October. This represents a 37.5% decrease in sales from October. Compared to the same month last year, the number of homes sold decreased by 1, a -16.66% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in November (10) increased by 4 days compared to October. This represents a 66.66% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 6, a -37.5% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 102.1% in November rose by 1.03% compared to October and increased 4.11% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in November (3) fell by 6 compared to October, a 66.66% change. Compared to November 2023, the number of new listings decreased by 2, a -40% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in November was $174,900. The median list price for homes in November fell by ($195,000) compared to last month. This represents a 52.71% decrease from October. Compared to the same month last year, the median list price of homes decreased ($100,000) representing a -36.37% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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