Cities with the most expensive homes in the Milwaukee metro area

Written by:
February 24, 2026
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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 $361,371 in February, 0.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.

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.

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#30. Wayne, WI

- Typical home value: $471,979
- 1-year price change: +4.9%
- 5-year price change: +32.1%

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#29. Sussex, WI

- Typical home value: $491,671
- 1-year price change: +5.4%
- 5-year price change: +35.6%

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#28. Lannon, WI

- Typical home value: $499,237
- 1-year price change: -1.1%
- 5-year price change: +28.5%

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#27. Muskego, WI

- Typical home value: $501,964
- 1-year price change: +5.8%
- 5-year price change: +31.5%

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#26. Brookfield, WI

- Typical home value: $504,963
- 1-year price change: +5.2%
- 5-year price change: +37.1%

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#25. Eagle, WI

- Typical home value: $505,171
- 1-year price change: +6.9%
- 5-year price change: +37.2%

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#24. Vernon, WI

- Typical home value: $511,550
- 1-year price change: +6.5%
- 5-year price change: +33.7%

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#23. Oconomowoc, WI

- Typical home value: $521,893
- 1-year price change: +6.0%
- 5-year price change: +38.3%

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#22. Wales, WI

- Typical home value: $530,259
- 1-year price change: +3.9%
- 5-year price change: +39.3%

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#21. Cedarburg, WI

- Typical home value: $530,809
- 1-year price change: +3.3%
- 5-year price change: +28.7%

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#20. Fox Point, WI

- Typical home value: $531,545
- 1-year price change: +5.3%
- 5-year price change: +26.4%

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#19. Richfield, WI

- Typical home value: $532,566
- 1-year price change: +4.6%
- 5-year price change: +33.3%

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#18. Shorewood, WI

- Typical home value: $533,227
- 1-year price change: +6.8%
- 5-year price change: +29.7%

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#17. Bayside, WI

- Typical home value: $534,786
- 1-year price change: +5.3%
- 5-year price change: +33.6%

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#16. Pewaukee, WI

- Typical home value: $538,956
- 1-year price change: +6.4%
- 5-year price change: +28.4%

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#15. Lisbon, WI

- Typical home value: $547,033
- 1-year price change: +4.0%
- 5-year price change: +28.6%

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#14. Polk, WI

- Typical home value: $548,395
- 1-year price change: +1.3%
- 5-year price change: +14.6%

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#13. Genesee, WI

- Typical home value: $570,429
- 1-year price change: +5.9%
- 5-year price change: +35.2%

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#12. Okauchee, WI

- Typical home value: $596,999
- 1-year price change: +4.0%
- 5-year price change: +32.3%

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#11. Erin, WI

- Typical home value: $597,507
- 1-year price change: +10.9%
- 5-year price change: +35.2%

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#10. Ottawa, WI

- Typical home value: $601,453
- 1-year price change: +6.7%
- 5-year price change: +34.7%

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#9. Mequon, WI

- Typical home value: $622,947
- 1-year price change: +3.1%
- 5-year price change: +18.9%

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#8. Whitefish Bay, WI

- Typical home value: $624,718
- 1-year price change: +4.8%
- 5-year price change: +36.2%

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#7. Hartland, WI

- Typical home value: $625,485
- 1-year price change: +6.7%
- 5-year price change: +30.8%

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#6. Elm Grove, WI

- Typical home value: $650,612
- 1-year price change: +5.8%
- 5-year price change: +37.2%

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#5. Nashotah, WI

- Typical home value: $691,774
- 1-year price change: +3.9%
- 5-year price change: +31.3%

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#4. Summit, WI

- Typical home value: $715,256
- 1-year price change: +6.4%
- 5-year price change: +31.1%

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#3. Delafield, WI

- Typical home value: $717,394
- 1-year price change: +6.2%
- 5-year price change: +34.4%

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#2. River Hills, WI

- Typical home value: $912,724
- 1-year price change: +8.2%
- 5-year price change: +36.9%

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#1. Oconomowoc Lake, WI

- Typical home value: $1,957,645
- 1-year price change: +11.9%
- 5-year price change: +54.7%

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