Inventory in Merton is tight, with only 7 homes on the market and just 1 new listing in March 2026, and supply has slipped about 12% from the prior month to around 3.5 months. Contract activity is steady with 4 pending sales, and homes are moving more quickly as median days on market dropped to 46, down roughly 64% month over month.
Prices are responding to this faster pace, with the typical home value at about $828,750 and the median list price at $899,900. Compared with February, the typical home value is up sharply by about 18.82%, while list prices have risen more moderately by around 2.85%, signaling sellers are gaining leverage but buyers are still seeing some balance.
Looking ahead, projections point to a typical home value near $894,375 and a median list price around $912,375 in April, with inventory expected to edge down to 6 homes. Merton sits well above Waukesha County overall, where the typical home value is closer to $480,000 and projected at $482,500, and where values have dipped about 2.04% year over year. With about 50% of recent Merton sales closing above list price and an average sale-to-list ratio just over 1.00, conditions align with a seller’s market, and both buyers and sellers can benefit from Agent Pronto’s help in finding a strong local agent.
