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Elm Grove, WI

Full City Profile · Wisconsin · Waukesha County County

3.9 /5.0
B+ Good
6,428 Population 1,972/sq mi density
$133,304 Median Income $70,716 per capita
$468,000 Home Value $650,612 Zillow
$1,788 Median Rent 27.6% income on rent
48°F Avg Temperature 260 sunny days/yr
65 Violent Crime/100K 775 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$133,304 median income, 0.2% unemployment
A+
Affordability
4.7 / 5.0
$468,000 home value, $1,788/mo rent
F
Safety
1.0 / 5.0
65 violent crimes/100K
A+
Education
5.0 / 5.0
67.0% bachelor's degree or higher

Housing Overview

Median Home Value
$468,000
66% above
US avg: $281,900
Median Rent
$1,788/mo
54% above
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
2,312
Median year built: 1959

Home Value by Source

Census Median
$468,000
Zillow (ZHVI)
$650,612
Median Sale Price
$328,000
Median List Price
$439,350
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
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: $1,788/mo

Market Indicators (Redfin)

Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$217
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$468,000
Zillow Home Value (ZHVI)$650,612
Median Sale Price$328,000
Median List Price$439,350
Price Per Sq Ft$217

Rent

Census Median Rent$1,788
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 Market56
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory9
Price Per Sq Ft$217

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units2,312
Median Year Built1959
Rent Burden27.6%