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Elkhorn, WI

Full City Profile · Wisconsin · Walworth County County

3.4 /5.0
B Good
10,259 Population 1,257/sq mi density
$73,052 Median Income $38,900 per capita
$255,300 Home Value $333,095 Zillow
$999 Median Rent 24.7% income on rent
48°F Avg Temperature 260 sunny days/yr
120 Violent Crime/100K 951 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$73,052 median income, 0.7% unemployment
A+
Affordability
4.7 / 5.0
$255,300 home value, $999/mo rent
F
Safety
1.0 / 5.0
120 violent crimes/100K
B
Education
3.4 / 5.0
30.1% bachelor's degree or higher

Housing Overview

Median Home Value
$255,300
9% below
US avg: $281,900
Median Rent
$999/mo
14% below
US avg: $1,163/mo
Homeownership Rate
56.1%
14% below US avg (65.4%)
Total Housing Units
4,271
Median year built: 1986

Home Value by Source

Census Median
$255,300
Zillow (ZHVI)
$333,095
Median Sale Price
$304,700
Median List Price
$340,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.1%
Owner-Occupied
43.9%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent: $999/mo

Market Indicators (Redfin)

Median Days on Market
62 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$164
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
56.1%

Complete Housing Data

Home Values

Census Median Value$255,300
Zillow Home Value (ZHVI)$333,095
Median Sale Price$304,700
Median List Price$340,000
Price Per Sq Ft$164

Rent

Census Median Rent$999
FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market62
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold4
Active Inventory11
Price Per Sq Ft$164

Ownership & Stock

Owner-Occupied56.1%
Renter-Occupied43.9%
Homeownership Rate56.1%
Total Housing Units4,271
Median Year Built1986
Rent Burden24.7%