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Merton, WI

Full City Profile · Wisconsin · Waukesha County County

4.0 /5.0
A Great
3,495 Population 1,053/sq mi density
$168,661 Median Income $64,071 per capita
$539,900 Home Value $625,485 Zillow
$1,148 Median Rent 22.5% income on rent
47°F Avg Temperature 260 sunny days/yr
76 Violent Crime/100K 869 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$168,661 median income, 2.1% unemployment
A+
Affordability
4.9 / 5.0
$539,900 home value, $1,148/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
A+
Education
5.0 / 5.0
60.9% bachelor's degree or higher

Housing Overview

Median Home Value
$539,900
92% above
US avg: $281,900
Median Rent
$1,148/mo
1% below
US avg: $1,163/mo
Homeownership Rate
97.8%
50% above US avg (65.4%)
Total Housing Units
1,080
Median year built: 1999

Home Value by Source

Census Median
$539,900
Zillow (ZHVI)
$625,485
Median Sale Price
$697,500
Median List Price
$874,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.8%
Owner-Occupied
2.2%
Renter-Occupied
98%
2%
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: $1,148/mo

Market Indicators (Redfin)

Median Days on Market
128 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$253
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
97.8%

Complete Housing Data

Home Values

Census Median Value$539,900
Zillow Home Value (ZHVI)$625,485
Median Sale Price$697,500
Median List Price$874,950
Price Per Sq Ft$253

Rent

Census Median Rent$1,148
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 Market128
Sale-to-List Ratio1.0%
Price Drops12.5%
Homes Sold2
Active Inventory8
Price Per Sq Ft$253

Ownership & Stock

Owner-Occupied97.8%
Renter-Occupied2.2%
Homeownership Rate97.8%
Total Housing Units1,080
Median Year Built1999
Rent Burden22.5%