Housing · Elm Grove

Elm Grove, WI housing market

The typical Elm Grove home is worth about $697,000, up 6.3% in a year, 105% above the Wisconsin typical home. Homes typically sell in 24 days, a little above asking.

Home values, sales, trends and how Elm Grove compares with the towns next door — updated as new data is published.

The market right now

Elm Grove at a glance

Typical home value
$697K
▲ 6.3% in a year · Zillow
Median sale price
$906K
May 2026 · Redfin
Days on market
24
Wisconsin: 44 days
Sale-to-list
111.2%
Homes sell above asking
Homes sold
7
in May · 28 for sale
Market temperature

A balanced market

Buyer's marketBalancedSeller's market

About 4 months of supply: neither buyers nor sellers have a clear edge.

Ten-year trend

Typical home value, 2016–2026

Elm GroveWisconsin
$100K$200K$300K$400K$500K$600K$700K 20182020202220242026 Elm Grove $697K Wisconsin $340K
Show as a table
JanuaryElm GroveWisconsin
2017$386,000$180,000
2018$405,000$190,000
2019$419,000$202,000
2020$448,000$215,000
2021$484,000$238,000
2022$533,000$263,000
2023$560,000$282,000
2024$593,000$299,000
2025$632,000$317,000
2026$670,000$333,000
August 2026$697,000$340,000
Nearby

Elm Grove and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Elm Grove $697K +6.3% 24 $158,016
Brookfield — — 43 $129,548
Affordability

4.4 years of income

The typical Elm Grove home costs about 4.4 years of the town's median household income, about the same as across Wisconsin (4.4).

How Elm Grove ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
88.5%
Wisconsin: 67.8%
Median tax bill
$7,245
Wisconsin: $3,792
Median rent
$1,900
Wisconsin: $1,087
Typical home built
1962
Wisconsin: 1975

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Elm Grove

Wisconsin · WI
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01