Cities with the most expensive homes in the Milwaukee metro area

Written by:
April 30, 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 $365,545 in March, 0.8% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.

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. Lannon, WI

- Typical home value: $500,555
- 1-year price change: +0.5%
- 5-year price change: +28.7%

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#29. Sussex, WI

- Typical home value: $507,551
- 1-year price change: +5.4%
- 5-year price change: +35.6%

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#28. Wayne, WI

- Typical home value: $512,904
- 1-year price change: +6.2%
- 5-year price change: +33.4%

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#27. Muskego, WI

- Typical home value: $515,980
- 1-year price change: +5.8%
- 5-year price change: +31.3%

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#26. Brookfield, WI

- Typical home value: $517,699
- 1-year price change: +5.1%
- 5-year price change: +36.3%

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#25. Eagle, WI

- Typical home value: $522,005
- 1-year price change: +7.0%
- 5-year price change: +36.4%

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#24. Vernon, WI

- Typical home value: $534,527
- 1-year price change: +6.8%
- 5-year price change: +33.3%

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#23. Oconomowoc, WI

- Typical home value: $537,005
- 1-year price change: +6.1%
- 5-year price change: +37.7%

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#22. Shorewood, WI

- Typical home value: $544,885
- 1-year price change: +6.8%
- 5-year price change: +28.5%

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#21. Wales, WI

- Typical home value: $545,118
- 1-year price change: +4.3%
- 5-year price change: +38.2%

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#20. Fox Point, WI

- Typical home value: $547,714
- 1-year price change: +6.0%
- 5-year price change: +25.4%

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#19. Bayside, WI

- Typical home value: $548,316
- 1-year price change: +5.7%
- 5-year price change: +32.1%

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#18. Cedarburg, WI

- Typical home value: $552,361
- 1-year price change: +4.0%
- 5-year price change: +28.7%

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#17. Pewaukee, WI

- Typical home value: $557,877
- 1-year price change: +6.7%
- 5-year price change: +28.0%

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#16. Richfield, WI

- Typical home value: $560,142
- 1-year price change: +5.4%
- 5-year price change: +33.4%

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#15. Lisbon, WI

- Typical home value: $573,001
- 1-year price change: +4.7%
- 5-year price change: +28.0%

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#14. Polk, WI

- Typical home value: $576,698
- 1-year price change: +2.2%
- 5-year price change: +14.7%

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#13. Genesee, WI

- Typical home value: $597,024
- 1-year price change: +6.6%
- 5-year price change: +34.6%

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#12. Okauchee, WI

- Typical home value: $612,705
- 1-year price change: +5.0%
- 5-year price change: +31.2%

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#11. Ottawa, WI

- Typical home value: $628,094
- 1-year price change: +7.9%
- 5-year price change: +34.5%

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#10. Erin, WI

- Typical home value: $633,354
- 1-year price change: +11.6%
- 5-year price change: +34.5%

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#9. Whitefish Bay, WI

- Typical home value: $642,953
- 1-year price change: +5.0%
- 5-year price change: +35.6%

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#8. Mequon, WI

- Typical home value: $647,578
- 1-year price change: +4.1%
- 5-year price change: +18.6%

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#7. Hartland, WI

- Typical home value: $654,280
- 1-year price change: +7.5%
- 5-year price change: +30.3%

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#6. Elm Grove, WI

- Typical home value: $672,840
- 1-year price change: +5.8%
- 5-year price change: +36.5%

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#5. Nashotah, WI

- Typical home value: $714,596
- 1-year price change: +4.6%
- 5-year price change: +30.4%

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#4. Delafield, WI

- Typical home value: $741,321
- 1-year price change: +6.8%
- 5-year price change: +33.9%

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#3. Summit, WI

- Typical home value: $752,619
- 1-year price change: +7.1%
- 5-year price change: +30.3%

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#2. River Hills, WI

- Typical home value: $924,409
- 1-year price change: +8.8%
- 5-year price change: +35.0%

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#1. Oconomowoc Lake, WI

- Typical home value: $1,978,087
- 1-year price change: +13.8%
- 5-year price change: +53.6%

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