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Advertise here →Elm Grove, WI · Market Data
Elm Grove, Wisconsin real estate market data.
Real estate market data for Elm Grove, WI (Waukesha County) — Census median home value $468,000, county listing prices roughly flat over the past year.
Elm Grove, WI is in Waukesha County, Wisconsin — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 6,428, with a median household income of $133,304. Census data puts Elm Grove's median home value at $468,000 (all owner-occupied homes); Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
At a glance
Elm Grove market snapshot
Population
6,428
Median Household Income
$133,304
Median Home Value (city)
$468,000
Median Listing Price (Waukesha County)
$589,450
Median Gross Rent
$1,788/mo
Price Trend (YoY)
-0.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Elm Grove different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Elm Grove's median home value — across all owner-occupied homes, not just recent sales — at $468,000. Separately, Waukesha County's current median listing price (via Realtor.com data, 2026-06-01) runs $589,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Population & Income
Elm Grove has an estimated population of 6,428 and a median household income of $133,304, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Elm Grove's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Elm Grove FAQ
What are home values like in Elm Grove, WI?
The Census Bureau's American Community Survey puts Elm Grove's median home value at $468,000. Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
What is the population of Elm Grove, WI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Elm Grove's population at approximately 6,428.
What's the median rent in Elm Grove, WI?
The Census ACS estimates median gross rent in Elm Grove at approximately $1,788 per month.
What is the median household income in Elm Grove, WI?
Census ACS data puts the median household income in Elm Grove at approximately $133,304.
Is the Elm Grove housing market growing?
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Is Elm Grove, WI affordable relative to income?
Census ACS data puts Elm Grove's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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