Housing in Elm Grove, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$356,500

Median List Price

$530,000

Price Per Sq Ft

$200

Days on Market

91

Active Inventory

6

Months of Supply

1.2

Seller's market

Zillow Home Value

$640,826

ZHVI — January 2026

Zillow Rent Index

$3,810

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 6.3%List Price 41.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

97.2%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
33.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

1

Pending Sales

3

Homes Sold 16.7%New Listings 85.7%Pending 57.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$200

Median List $/SF

$222

Sale $/SF 24.8%List $/SF 20.4%Mar 24Jan 26

Elm Grove vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elm Grove is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$468,000

Median Rent

$1,788

Total Housing Units

2,316

Vacancy Rate

3.7%

Owner Occupied

88.4%

Renter Occupied

11.6%

Median Property Tax

$7,155

per year

Monthly Cost (w/ Mortgage)

$2,097

Housing Types

Single Family
79.8%
Multi-Family
20.0%
Mobile Home
0.2%

The current median sale price in Elm Grove, WI is $356,500 according to Redfin data. Homes spend a median of 91 days on the market. 20.0% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $200. Zillow's observed rent index is $3,810/month. About 88.4% of housing units are owner-occupied. The median year homes were built is 1961. There are 2,316 total housing units.