Cities with the most expensive homes in the Milwaukee metro area
Cities with the most expensive homes in the Milwaukee metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Milwaukee metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 70 cities and towns.
#30. Mukwonago, WI
- Typical home value: $466,410
- 1-year price change: +5.2%
- 5-year price change: +40.7%
#29. Sussex, WI
- Typical home value: $483,214
- 1-year price change: +6.1%
- 5-year price change: +36.4%
#28. Muskego, WI
- Typical home value: $496,069
- 1-year price change: +6.0%
- 5-year price change: +32.4%
#27. Brookfield, WI
- Typical home value: $497,012
- 1-year price change: +5.6%
- 5-year price change: +38.9%
#26. Lannon, WI
- Typical home value: $498,956
- 1-year price change: -3.1%
- 5-year price change: +28.6%
#25. Eagle, WI
- Typical home value: $503,877
- 1-year price change: +6.0%
- 5-year price change: +38.4%
#24. Vernon, WI
- Typical home value: $509,447
- 1-year price change: +5.7%
- 5-year price change: +34.8%
#23. Shorewood, WI
- Typical home value: $517,848
- 1-year price change: +5.8%
- 5-year price change: +31.0%
#22. Oconomowoc, WI
- Typical home value: $518,064
- 1-year price change: +5.7%
- 5-year price change: +40.0%
#21. Cedarburg, WI
- Typical home value: $518,449
- 1-year price change: +2.1%
- 5-year price change: +28.6%
#20. Richfield, WI
- Typical home value: $521,055
- 1-year price change: +3.4%
- 5-year price change: +34.7%
#19. Wales, WI
- Typical home value: $524,303
- 1-year price change: +3.1%
- 5-year price change: +41.7%
#18. Fox Point, WI
- Typical home value: $526,146
- 1-year price change: +2.0%
- 5-year price change: +27.5%
#17. Bayside, WI
- Typical home value: $526,720
- 1-year price change: +3.5%
- 5-year price change: +34.7%
#16. Pewaukee, WI
- Typical home value: $538,337
- 1-year price change: +5.1%
- 5-year price change: +29.5%
#15. Polk, WI
- Typical home value: $540,740
- 1-year price change: -0.6%
- 5-year price change: +15.4%
#14. Lisbon, WI
- Typical home value: $547,637
- 1-year price change: +2.3%
- 5-year price change: +29.5%
#13. Genesee, WI
- Typical home value: $569,345
- 1-year price change: +3.7%
- 5-year price change: +36.2%
#12. Okauchee, WI
- Typical home value: $596,525
- 1-year price change: +1.5%
- 5-year price change: +34.7%
#11. Erin, WI
- Typical home value: $597,001
- 1-year price change: +9.6%
- 5-year price change: +37.8%
#10. Ottawa, WI
- Typical home value: $598,431
- 1-year price change: +3.9%
- 5-year price change: +35.2%
#9. Whitefish Bay, WI
- Typical home value: $609,804
- 1-year price change: +3.5%
- 5-year price change: +37.1%
#8. Mequon, WI
- Typical home value: $616,496
- 1-year price change: +1.5%
- 5-year price change: +19.7%
#7. Hartland, WI
- Typical home value: $626,263
- 1-year price change: +4.9%
- 5-year price change: +32.0%
#6. Elm Grove, WI
- Typical home value: $642,942
- 1-year price change: +6.1%
- 5-year price change: +39.7%
#5. Nashotah, WI
- Typical home value: $687,543
- 1-year price change: +2.7%
- 5-year price change: +34.3%
#4. Delafield, WI
- Typical home value: $716,061
- 1-year price change: +5.1%
- 5-year price change: +36.2%
#3. Summit, WI
- Typical home value: $722,746
- 1-year price change: +5.0%
- 5-year price change: +33.5%
#2. River Hills, WI
- Typical home value: $899,841
- 1-year price change: +5.4%
- 5-year price change: +38.8%
#1. Oconomowoc Lake, WI
- Typical home value: $1,933,904
- 1-year price change: +5.7%
- 5-year price change: +55.0%