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Sarah Mitchell

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Compass Real Estate · Waukesha, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Waukesha, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Waukesha, WI Housing Market & Real Estate

Strong seller's market+12.2% YoY

Housing market overview · Updated monthly ·

$400,000median sale price

How is the Waukesha, WI housing market right now?

The median home sale price in Waukesha, WI is $400,000, up 12.2% year-over-year. Homes sell in an average of 37 days with 147 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Waukesha a buyer's or seller's market?

Strong seller's market1.7 months of supply37 avg. days on market

Waukesha, WI is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 37 days. How we determine this →

Homes sold

85

Last 12 weeks

Days on market

37

Average pace

Active listings

147

1.7 months supply

Sale-to-list

104.1%

Above asking

What does the Waukesha housing market data show?

Current housing market statistics for Waukesha, WI
MetricValue
Median sale price$400,000
Median list price$389,900
Year-over-year price change+12.2%
Average days on market37 days
Active inventory147 listings
Months of supply1.7 months
Sale-to-list price ratio104.1%
Median price per sq ft$227/sq ft
Homes sold (latest month)85
New listings (latest month)99
Listings with a price cut8.8%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Waukesha by property type?

How the Waukesha, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Waukesha, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$425,000$237/sq ft6437 days
Condo / Co-op$297,500$210/sq ft2038 days

Source: Redfin · Updated monthly

The Waukesha housing market is currently classified as a strong seller's market with a median sale price of $400,000. Prices have risen 12.2% compared to last year, with homes spending an average of 37 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.

Homes for sale in Waukesha

There are currently 147 homes listed for sale in Waukesha, Wisconsin. The median listing price is $390K. Featured listings range from $150,000 to $899,900.

1 bedroom condo for sale at 405 Cheviot Chase Unit 3 Waukesha 53186 - $150,000
New Listing
20
$150,000

405 Cheviot Chase Unit 3

Waukesha, WI 53186

1 bd1 ba848 sqft$177/ft²
Condo

Scott Teschendorf · RE/MAX Service First Lake Country

View photos & details
3 bedroom house for sale at 120 4th St Waukesha 53188 - $289,900
New Listing
31
$289,900

120 4th St

Waukesha, WI 53188

3 bd2 ba1,184 sqft$245/ft²
House5,663 sqft lot

Jackson Villarreal · Villa Realty

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3 bedroom house for sale at 241 S Charles St Waukesha 53186 - $300,000
New Listing
36
$300,000

241 S Charles St

Waukesha, WI 53186

3 bd1 ba1,677 sqft$179/ft²
House6,098 sqft lot

One Roof Real Estate Group* · Realty Executives Integrity~Brookfield

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3 bedroom condo for sale at 2424 Fox River Pkwy Unit F Waukesha 53189 - $305,000
New Listing
43
$305,000

2424 Fox River Pkwy Unit F

Waukesha, WI 53189

3 bd3 ba1,655 sqft$184/ft²
Condo

Patricia Sykes · Century 21 Affiliated - Delafield

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3 bedroom house for sale at 1023 W Glenn Dr Waukesha 53188 - $325,000
New Listing
33
$325,000

1023 W Glenn Dr

Waukesha, WI 53188

3 bd1 ba1,125 sqft$289/ft²
House13,068 sqft lot

Benson Group* · RE/MAX Lakeside-Central

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4 bedroom house for sale at 1308 W End Rd Waukesha 53188 - $359,900
New Listing
25
$359,900

1308 W End Rd

Waukesha, WI 53188

4 bd2 ba1,372 sqft$262/ft²
House9,148 sqft lot

Jacquelin Leverance · The Real Estate Studio

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3 bedroom house for sale at 4394 S Pin Oak Ln W Unit 254 Waukesha 53189 - $467,500
New Listing
55
$467,500

4394 S Pin Oak Ln W Unit 254

Waukesha, WI 53189

3 bd2 ba1,690 sqft$277/ft²
House1.05 acres

Scott Allen · EXP Realty, LLC~MKE

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3 bedroom house for sale at 3745 Stillwater Cir Waukesha 53189 - $480,000
New Listing
36
$480,000

3745 Stillwater Cir

Waukesha, WI 53189

3 bd2 ba1,790 sqft$268/ft²
House8,276 sqft lot

The Baer Team* · First Weber Inc - Brookfield

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4 bedroom house for sale at 1907 Fieldcrest Ln Waukesha 53186 - $494,900
New Listing
34
$494,900

1907 Fieldcrest Ln

Waukesha, WI 53186

4 bd3 ba2,320 sqft$213/ft²
House10,454 sqft lot

Zachary Hicks · EXP Realty, LLC~MKE

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3 bedroom house for sale at 3001 Cranberry Cir Waukesha 53189 - $514,900
New Build
5
$514,900

3001 Cranberry Cir

Waukesha, WI 53189

3 bd2 ba1,511 sqft$341/ft²
House7,841 sqft lot

Jeffrey Wheatley-Heckman · Shorewest Realtors, Inc.

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3 bedroom house for sale at 652 Standing Stone Dr Waukesha 53189 - $699,900
New Build
5
$699,900

652 Standing Stone Dr

Waukesha, WI 53189

3 bd2 ba1,774 sqft$395/ft²
House18,731 sqft lot

Rachael Bublitz · Shorewest Realtors, Inc.

View photos & details
4 bedroom house for sale at W275N358 Arrowhead Trl Waukesha 53188 - $899,900
New Listing
45
$899,900

W275N358 Arrowhead Trl

Waukesha, WI 53188

4 bd4 ba3,801 sqft$237/ft²
House34,848 sqft lot

The Italiano Team* · Lake Country Flat Fee

View photos & details

Looking to buy in Waukesha?

Get connected with a local real estate expert — free, no obligation.

Active listings

147

Homes on market

Median list price

$390K

Avg. days on market

37

Days until sale

New this week

99

Newly listed

Price drops:8.8%of listings
Sale-to-list:104.1%

Who lives in Waukesha?

Population

8,479

Median income

$126,286/yr

Median age

48.8 years

Owner-occupied

92.8%

College grads

47.9%

Avg commute

25.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Waukesha?

Zillow home value

$428,781

Zillow rent index

$1,490/mo

Price-to-rent ratio

24.0x

Price-to-income

3.4x

Source: Zillow Research

What is it like to live in Waukesha?

Waukesha is a community of approximately 8K residents with a median age of 48.8 years.The median household income is $126,286, which reflects a relatively affluent area with strong earning potential. 47.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 92.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Waukesha offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Waukesha?

28 schools tracked · 11,583 students

The largest public schools serving Waukesha, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

West High

Grades 9-12 · 1,192 students

Public

North High

Grades 9-12 · 960 students

Public

South High

Grades 9-12 · 879 students

Public

Butler Middle

Grades 6-8 · 803 students

Public

eAchieve Academy - Wisconsin

Grades 6-12 · 658 students

Charter

Waukesha STEM Academy

Grades PK-8 · 599 students

Charter

Les Paul Middle

Grades 6-8 · 594 students

Public

Horning Middle

Grades 6-8 · 560 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Waukesha, WI?

Want a head-to-head view? Compare Waukesha side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Waukesha?

Is Waukesha a good real estate investment market?

For investors evaluating Waukesha, the price-to-rent ratio of 24.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 12.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Waukesha's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Waukesha's median home price.

Frequently asked questions

What is the average home price in Waukesha?

The median home sale price in Waukesha is $400,000, up 12.2% from last year.

How long do homes stay on market in Waukesha?

Homes typically spend 37 days on market before going under contract.

What is the median income in Waukesha?

The median household income is $126,286 per year.

Is Waukesha a buyer's or seller's market?

With 1.7 months of supply, Waukesha is currently a strong seller's market.

How many homes are for sale in Waukesha?

There are currently 147 homes listed for sale in Waukesha, WI.

What is the Zillow home value estimate for Waukesha?

The Zillow Home Value Index (ZHVI) for Waukesha is $428,781, representing the typical home value in the area.

What is the median condo price in Waukesha?

The median condo/co-op sale price in Waukesha, WI is $297,500, compared to $425,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Waukesha?

The median single-family home price in Waukesha, WI is $425,000 (about $237 per square foot).

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