Waukesha County, Wisconsin Housing Market
In Waukesha County, Wisconsin, the median home value is $398,200, with a median monthly rent of $1,356. This places Waukesha County at #289 nationally out of 3134 counties by median home value, and #1 within Wisconsin.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,394
- Establishments: 14,612
- BLS QCEW, 2025
Housing Supply
- Single-family: 963
- Multi-family: 215
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 184,264 (avg $136,613)
- Outflow: 178,640 (avg $137,792)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Waukesha County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 53018 | 253.3 | +3.61% | 2025 |
| 2 | 53122 | 249.3 | +3.89% | 2025 |
| 3 | 53183 | 239.3 | +11.92% | 2025 |
| 4 | 53058 | 251.9 | +5.11% | 2025 |
| 5 | 53188 | 238.4 | +6.79% | 2025 |
| 6 | 53146 | 249.6 | +5.00% | 2025 |
| 7 | 53072 | 239.8 | +5.11% | 2025 |
| 8 | 53151 | 244.6 | +7.21% | 2025 |
| 9 | 53103 | 241.0 | +10.28% | 2025 |
| 10 | 53051 | 231.3 | +6.19% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Waukesha County Compares
| Metric | Waukesha County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $398,200 | $234,086 | $227,706 |
| Median Gross Rent | $1,356 | $915 | $968 |
| Owner Occupancy Rate | 76.0% | 75.9% | 73.3% |
| Price/Rent Ratio | 24.5 | 21.2 | 18.7 |
Market Analysis
The median home value in Waukesha County is 70.1% above the Wisconsin state average and 74.9% above the U.S. national average. The median rent of $1,356/month is 48.2% above the state average.
With a price-to-rent ratio of 24.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Waukesha County has an owner-occupancy rate of 76.0%, compared to 75.9% in Wisconsin and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Ocean County | New Jersey | $398,400 | $1,755 |
| Cowlitz County | Washington | $397,500 | $1,206 |
| Wahkiakum County | Washington | $396,800 | $853 |
| Hays County | Texas | $399,800 | $1,495 |
| Poquoson city | Virginia | $400,300 | $1,707 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dane County | $394,800 | $1,398 | 57.1% |
| Ozaukee County | $390,200 | $1,154 | 72.9% |
| St. Croix County | $377,700 | $1,271 | 78.3% |
| Washington County | $344,800 | $1,153 | 78.1% |
| Door County | $342,600 | $1,086 | 78.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).