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Wales, WI
Full City Profile · Wisconsin · Waukesha County County
3.9
/5.0
B+
Good
2,915
Population
902/sq mi density
$110,804
Median Income
$50,991 per capita
$383,600
Home Value
$530,259 Zillow
$1,473
Median Rent
26.5% income on rent
47°F
Avg Temperature
260 sunny days/yr
28
Violent Crime/100K
2,830 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$110,804 median income, 1.0% unemployment
A+
Affordability
4.7 / 5.0
$383,600 home value, $1,473/mo rent
F
Safety
1.0 / 5.0
28 violent crimes/100K
A+
Education
5.0 / 5.0
50.0% bachelor's degree or higher
Housing Overview
Median Home Value
$383,600
36% above
US avg: $281,900
Median Rent
$1,473/mo
27% above
US avg: $1,163/mo
Homeownership Rate
84.8%
30% above US avg (65.4%)
Total Housing Units
1,080
Median year built: 1979
Home Value by Source
Census Median
$383,600
Zillow (ZHVI)
$530,259
Median Sale Price
$879,000
Median List Price
$575,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.8%
Owner-Occupied
15.2%
Renter-Occupied
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:
$1,473/mo
Market Indicators (Redfin)
Median Days on Market
60 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
$253
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
84.8%
Complete Housing Data
Home Values
| Census Median Value | $383,600 |
| Zillow Home Value (ZHVI) | $530,259 |
| Median Sale Price | $879,000 |
| Median List Price | $575,000 |
| Price Per Sq Ft | $253 |
Rent
| Census Median Rent | $1,473 |
| 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 Market | 60 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 6 |
| Price Per Sq Ft | $253 |
Ownership & Stock
| Owner-Occupied | 84.8% |
| Renter-Occupied | 15.2% |
| Homeownership Rate | 84.8% |
| Total Housing Units | 1,080 |
| Median Year Built | 1979 |
| Rent Burden | 26.5% |