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 $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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. Sussex, WI

- Typical home value: $518,858
- 1-year price change: +5.9%
- 5-year price change: +31.5%

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#29. Lannon, WI

- Typical home value: $519,926
- 1-year price change: +6.4%
- 5-year price change: +25.1%

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#28. Wayne, WI

- Typical home value: $525,330
- 1-year price change: +10.6%
- 5-year price change: +26.9%

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#27. Brookfield, WI

- Typical home value: $528,294
- 1-year price change: +4.5%
- 5-year price change: +32.0%

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#26. Muskego, WI

- Typical home value: $530,269
- 1-year price change: +6.2%
- 5-year price change: +27.4%

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6 / 30

#25. Eagle, WI

- Typical home value: $546,572
- 1-year price change: +7.3%
- 5-year price change: +32.3%

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#24. Shorewood, WI

- Typical home value: $547,978
- 1-year price change: +4.7%
- 5-year price change: +23.9%

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#23. Fox Point, WI

- Typical home value: $552,985
- 1-year price change: +7.3%
- 5-year price change: +22.1%

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#22. Oconomowoc, WI

- Typical home value: $553,179
- 1-year price change: +6.3%
- 5-year price change: +32.0%

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#21. Vernon, WI

- Typical home value: $555,686
- 1-year price change: +7.6%
- 5-year price change: +30.7%

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#20. Cedarburg, WI

- Typical home value: $566,235
- 1-year price change: +6.2%
- 5-year price change: +25.9%

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#19. Bayside, WI

- Typical home value: $569,124
- 1-year price change: +6.9%
- 5-year price change: +27.7%

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#18. Pewaukee, WI

- Typical home value: $570,804
- 1-year price change: +6.5%
- 5-year price change: +23.0%

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#17. Richfield, WI

- Typical home value: $571,026
- 1-year price change: +5.8%
- 5-year price change: +29.0%

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#16. Wales, WI

- Typical home value: $577,075
- 1-year price change: +5.2%
- 5-year price change: +35.2%

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16 / 30

#15. Lisbon, WI

- Typical home value: $588,992
- 1-year price change: +5.3%
- 5-year price change: +22.9%

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#14. Polk, WI

- Typical home value: $593,642
- 1-year price change: +4.8%
- 5-year price change: +8.8%

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#13. Genesee, WI

- Typical home value: $625,897
- 1-year price change: +7.3%
- 5-year price change: +30.2%

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#12. Okauchee, WI

- Typical home value: $636,571
- 1-year price change: +4.4%
- 5-year price change: +22.5%

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#11. Erin, WI

- Typical home value: $648,337
- 1-year price change: +6.5%
- 5-year price change: +26.7%

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#10. Ottawa, WI

- Typical home value: $655,064
- 1-year price change: +8.4%
- 5-year price change: +29.6%

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#9. Mequon, WI

- Typical home value: $659,897
- 1-year price change: +5.6%
- 5-year price change: +14.6%

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#8. Whitefish Bay, WI

- Typical home value: $662,001
- 1-year price change: +6.0%
- 5-year price change: +29.9%

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#7. Hartland, WI

- Typical home value: $672,143
- 1-year price change: +8.3%
- 5-year price change: +26.9%

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#6. Elm Grove, WI

- Typical home value: $696,876
- 1-year price change: +6.3%
- 5-year price change: +32.5%

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#5. Nashotah, WI

- Typical home value: $742,329
- 1-year price change: +3.4%
- 5-year price change: +23.6%

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#4. Delafield, WI

- Typical home value: $766,469
- 1-year price change: +6.3%
- 5-year price change: +28.0%

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#3. Summit, WI

- Typical home value: $776,275
- 1-year price change: +7.9%
- 5-year price change: +24.6%

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#2. River Hills, WI

- Typical home value: $961,137
- 1-year price change: +8.4%
- 5-year price change: +29.2%

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#1. Oconomowoc Lake, WI

- Typical home value: $2,082,456
- 1-year price change: +12.1%
- 5-year price change: +35.8%

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