Elm Grove, WI Home Values & Market Trends
Real estate market trends reflect that there have been 147 transactions over the past year in Elm Grove. The median value for residential home transactions that occurred over the previous year is $616,344.26. The number of current listings in Elm Grove is 6, and the percentage of properties for sale in the city is 6.00%. Elm Grove, WI currently has 2 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
Elm Grove, WI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
53122 | $ 678,255 $ 228/sqft |
Housing Market Summary for Elm Grove, WI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.5M | $579.3K | -62.44% |
Median Sold Price | $565K | $579.3K | 2.53% |
Homes For Sale | 2 | 2 | - |
Homes Sold | 65 | 55 | -15.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elm Grove, WI
Browse Homes in Elm Grove, WI
Elm Grove home values range from $135,254 to $4,263,930. The median estimated value of a home in Elm Grove is $616,344.26. The median list price of a home is 699,450, and the total count of properties in the city is 2,457.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Elm Grove, WI with 53122 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elm Grove, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $725,000 in 53122 to the lowest home value of $311,589 in 53122.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elm Grove, WI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Elm Grove, WI. There is 1 zips within Elm Grove, WI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Elm Grove, WI. Auction homes and other auction properties account for 0% of all properties in Elm Grove, WI. There is 1 zips within Elm Grove, WI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Elm Grove, WI
Guide for Elm Grove, WI
In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws