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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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. Lannon, WI
- Typical home value: $517,266
- 1-year price change: +5.2%
- 5-year price change: +25.9%
#29. Wayne, WI
- Typical home value: $519,768
- 1-year price change: +8.1%
- 5-year price change: +30.6%
#28. Sussex, WI
- Typical home value: $521,827
- 1-year price change: +5.7%
- 5-year price change: +33.1%
#27. Muskego, WI
- Typical home value: $535,230
- 1-year price change: +6.1%
- 5-year price change: +28.3%
#26. Brookfield, WI
- Typical home value: $537,317
- 1-year price change: +4.8%
- 5-year price change: +32.3%
#25. Eagle, WI
- Typical home value: $543,272
- 1-year price change: +6.4%
- 5-year price change: +32.9%
#24. Vernon, WI
- Typical home value: $554,160
- 1-year price change: +7.2%
- 5-year price change: +30.8%
#23. Oconomowoc, WI
- Typical home value: $556,282
- 1-year price change: +6.0%
- 5-year price change: +33.8%
#22. Shorewood, WI
- Typical home value: $566,962
- 1-year price change: +5.3%
- 5-year price change: +23.7%
#21. Richfield, WI
- Typical home value: $567,919
- 1-year price change: +4.7%
- 5-year price change: +30.0%
#20. Fox Point, WI
- Typical home value: $572,767
- 1-year price change: +5.2%
- 5-year price change: +20.5%
#19. Pewaukee, WI
- Typical home value: $575,373
- 1-year price change: +6.5%
- 5-year price change: +24.4%
#18. Wales, WI
- Typical home value: $575,706
- 1-year price change: +4.7%
- 5-year price change: +35.4%
#17. Cedarburg, WI
- Typical home value: $575,765
- 1-year price change: +5.2%
- 5-year price change: +26.4%
#16. Bayside, WI
- Typical home value: $579,904
- 1-year price change: +4.9%
- 5-year price change: +25.8%
#15. Polk, WI
- Typical home value: $586,426
- 1-year price change: +2.3%
- 5-year price change: +10.6%
#14. Lisbon, WI
- Typical home value: $588,609
- 1-year price change: +4.4%
- 5-year price change: +24.0%
#13. Genesee, WI
- Typical home value: $622,999
- 1-year price change: +6.7%
- 5-year price change: +31.2%
#12. Okauchee, WI
- Typical home value: $638,677
- 1-year price change: +5.3%
- 5-year price change: +24.4%
#11. Erin, WI
- Typical home value: $641,566
- 1-year price change: +8.7%
- 5-year price change: +28.6%
#10. Ottawa, WI
- Typical home value: $650,371
- 1-year price change: +8.6%
- 5-year price change: +31.4%
#9. Mequon, WI
- Typical home value: $673,567
- 1-year price change: +5.0%
- 5-year price change: +15.3%
#8. Whitefish Bay, WI
- Typical home value: $673,594
- 1-year price change: +5.5%
- 5-year price change: +31.3%
#7. Hartland, WI
- Typical home value: $676,884
- 1-year price change: +8.2%
- 5-year price change: +27.6%
#6. Elm Grove, WI
- Typical home value: $707,635
- 1-year price change: +6.2%
- 5-year price change: +33.8%
#5. Nashotah, WI
- Typical home value: $744,867
- 1-year price change: +3.8%
- 5-year price change: +25.3%
#4. Delafield, WI
- Typical home value: $767,970
- 1-year price change: +6.5%
- 5-year price change: +29.7%
#3. Summit, WI
- Typical home value: $779,889
- 1-year price change: +7.5%
- 5-year price change: +25.8%
#2. River Hills, WI
- Typical home value: $964,500
- 1-year price change: +7.2%
- 5-year price change: +27.5%
#1. Oconomowoc Lake, WI
- Typical home value: $2,053,393
- 1-year price change: +12.6%
- 5-year price change: +38.8%