Elmwood Park, WI

Full City Profile · Wisconsin · Racine County County

4.1 /5.0
A Great
528 Population 3,520/sq mi density
$61,573 Median Income $39,434 per capita
$229,200 Home Value $349,825 Zillow
48°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.1 / 5.0
$61,573 median income, 3.1% unemployment
A+
Affordability
4.6 / 5.0
$229,200 home value, /mo rent
B+
Education
3.7 / 5.0
33.2% bachelor's degree or higher

Housing Overview

Median Home Value
$229,200
19% below
US avg: $281,900
Homeownership Rate
98.6%
51% above US avg (65.4%)
Total Housing Units
308
Median year built: 1970

Home Value by Source

Census Median
$229,200
Zillow (ZHVI)
$349,825
Redfin Median Sale
$423,000
Median Sale Price
$423,000
Median List Price
$399,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.6%
Owner-Occupied
1.4%
Renter-Occupied
99%
1%
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

Market Indicators (Redfin)

Median Sale Price
$423,000
Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$169
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
98.6%

Complete Housing Data

Home Values

Census Median Value$229,200
Zillow Home Value (ZHVI)$349,825
Redfin Median Sale$423,000
Median Sale Price$423,000
Median List Price$399,900
Price Per Sq Ft$169

Rent

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 Market76
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$169

Ownership & Stock

Owner-Occupied98.6%
Renter-Occupied1.4%
Homeownership Rate98.6%
Total Housing Units308
Median Year Built1970
Rent Burden27.4%