Elm Grove, WI home values & market trends
A market snapshot for the Elm Grove area in Waukesha County, covering ZIP 53122. Prices are a 12-month median of asking prices, not closed sales, so one unusual month does not set the headline. For what your specific home is worth, get matched with a local agent below.
Typical list price
$560,250
12-month median · listed now $815,000
Year over year
-1.6%
Trailing 12 months vs the 12 before
Days on market
32
Median for current listings
Price / sq ft
$252
12-month median, per sq ft
Active listings
28
Homes currently for sale
These figures come from 28 active listings in ZIP 53122, a modest sample, so read them as a general direction rather than a precise value.
Over these 60 months the Elm Grove median ranged from $343,425 to $899,000, finishing at $815,000. Asking prices, not closed sales.
23 of the 60 months shown had fewer than 12 homes listed, where the median moves on a single listing.
Covers ZIP 53122 · Listing data via Realtor.com · Updated June 2026
About the Elm Grove market
A small, leafy village bordering Brookfield, with established homes.
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Market statistics shown are aggregate listing figures for the ZIP codes noted above, combined across ZIPs and weighted by the number of active listings in each. ZIP code areas are set by the postal service and do not match city limits exactly, so the coverage is an approximation of the Elm Grove market rather than an exact match for it. These figures are for general informational purposes and are not an appraisal or valuation of any specific property. They reflect homes currently or recently listed, not closed sales, and vary by condition, location, and features. For a valuation of your home, consult a licensed real estate professional.