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Advertise here →Merton, WI · Market Data
Merton, Wisconsin real estate market data.
Real estate market data for Merton, WI (Waukesha County) — Census median home value $539,900, county listing prices roughly flat over the past year.
Merton, 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 3,495, with a median household income of $168,661. Census data puts Merton's median home value at $539,900 (all owner-occupied homes); Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
At a glance
Merton market snapshot
Population
3,495
Median Household Income
$168,661
Median Home Value (city)
$539,900
Median Listing Price (Waukesha County)
$589,450
Median Gross Rent
$1,148/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 Merton different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Merton's median home value — across all owner-occupied homes, not just recent sales — at $539,900. 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
Merton has an estimated population of 3,495 and a median household income of $168,661, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Merton's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 8% 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
Merton FAQ
What are home values like in Merton, WI?
The Census Bureau's American Community Survey puts Merton's median home value at $539,900. Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
What is the population of Merton, WI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Merton's population at approximately 3,495.
What's the median rent in Merton, WI?
The Census ACS estimates median gross rent in Merton at approximately $1,148 per month.
What is the median household income in Merton, WI?
Census ACS data puts the median household income in Merton at approximately $168,661.
Is the Merton housing market growing?
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Is Merton, WI affordable relative to income?
Census ACS data puts Merton's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 8% 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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