$209,900
12303 W Center St Apt 3A
Wauwatosa, WI
2 bd2 ba1,258 sqft$167/ft²
Condo
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Compass Real Estate · Wauwatosa, WI
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Wauwatosa, WI(512) 555-0184TX License #0512847
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Wauwatosa, WI Housing Market
Strong seller's market+2.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Wauwatosa, WI is worth $427,594, rose 2.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $415,000, -2.0% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 29 days, Wauwatosa is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $427,594 home is about $2,283/mo in principal and interest.
Key numbers for Wauwatosa, WI
Typical home value
$427,594
+2.7% in 12 months
Zillow, August 2026
Typical asking rent
$1,713/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$415,000
-2.0% year over year
Redfin, through May 2026
Days on market
29
Average pace
Redfin, through May 2026
Active listings
105
1.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$93,859
Home costs 4.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
106.3%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Wauwatosa a buyer's or seller's market?
Strong seller's market1.5 months of supply29 days on market106.3% of asking
Wauwatosa, WI is a strong seller's market, based on 1.5 months of supply and homes selling in about 29 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Wauwatosa housing market data show?
Every row below is Redfin's final published month for Wauwatosa, WI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $415,000 |
| Median list price | $424,900 |
| Year-over-year price change | -2.0% |
| Median price per sq ft | $254/sq ft |
| Median days on market | 29 days |
| Active inventory | 105 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 106.3% |
| Homes sold (that month) | 70 |
| New listings (that month) | 88 |
| Listings with a price cut | 16.2% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Wauwatosa is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Wauwatosa is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Wauwatosa home prices moved?
Over the last three years the median sale price in Wauwatosa, WI rose 10.7%, from $374,950 to $415,000. The live Zillow value series has rose 2.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 16.2% of Wauwatosa listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 106.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Wauwatosa?
Priced off the typical home value of $427,594 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $85,519 | $342,075 | $2,283/mo |
| 5% | $21,380 | $406,214 | $2,711/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,283, that implies roughly $97,831 a year before you add taxes and insurance. The median household in Wauwatosa earns $93,859, about $3,972 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Wauwatosa in the next 12 months?
Tell us your timeline. We send the Wauwatosa market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Wauwatosa?
Typical asking rent in Wauwatosa, WI is $1,713/mo, against a typical home value of $427,594. That is a price-to-rent ratio of 20.8x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,283 a month — $569 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Wauwatosa?
Active listings in Wauwatosa, WI went from 113 in May 2025 to 105 in May 2026, a -7.1% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 125 | 98 |
| July 2025 | 95 | 55 |
| August 2025 | 102 | 71 |
| September 2025 | 127 | 83 |
| October 2025 | 112 | 62 |
| November 2025 | 93 | 32 |
| December 2025 | 60 | 16 |
| January 2026 | 73 | 40 |
| February 2026 | 83 | 50 |
| March 2026 | 82 | 75 |
| April 2026 | 91 | 88 |
| May 2026 | 105 | 88 |
Redfin, through May 2026
How does Wauwatosa compare to Wisconsin and the U.S.?
Wauwatosa homes sell for $415,000 — 15% above the Wisconsin median of $361,600. Against the national median of $410,700, Wauwatosa runs 1% higher. Year-over-year, Wauwatosa moved -2.0% against Wisconsin's +6.5% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Wauwatosa, WI | $415,000 | -2.0% | 29 days |
| Wisconsin statewide | $361,600 | +6.5% | 44 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Wauwatosa
What buyers should watch
- Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 16.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $428 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $427,594 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Wauwatosa listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 106.3% of asking. Price at the number you want and let competition do the rest.
- In the last published month Wauwatosa added 88 new listings against 70 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Wauwatosa varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Wauwatosa
There are currently 105 homes listed for sale in Wauwatosa, Wisconsin. The median listing price is $425K. Featured listings range from $209,900 to $499,900.
$295,000
2515 N 71st St
Wauwatosa, WI
3 bd1 ba1,548 sqft$191/ft²
House3,920 sqft lot
View photos & details
$305,000
2604 N 112th St
Wauwatosa, WI
3 bd1 ba1,989 sqft$153/ft²
House9,583 sqft lot
View photos & details
$319,000
6919 W Bluemound Rd
Wauwatosa, WI
3 bd2 ba1,502 sqft$212/ft²
House6,534 sqft lot
View photos & details
$370,000
537 N 114th St
Wauwatosa, WI
3 bd2 ba2,048 sqft$181/ft²
House6,970 sqft lot
View photos & details
$389,900
2868 N 118th St
Wauwatosa, WI
3 bd2 ba2,496 sqft$156/ft²
House10,890 sqft lot
View photos & details
$399,990
744 N 119th St
Wauwatosa, WI
3 bd2 ba1,727 sqft$232/ft²
House12,197 sqft lot
View photos & details
$409,000
4614 N 107th St
Wauwatosa, WI
3 bd3 ba1,958 sqft$209/ft²
House10,454 sqft lot
View photos & details
$419,900
2471 N 80th St
Wauwatosa, WI
3 bd2 ba1,828 sqft$230/ft²
House6,098 sqft lot
View photos & details
$489,900
1505 N 67th St
Wauwatosa, WI
3 bd2 ba1,566 sqft$313/ft²
House5,227 sqft lot
View photos & details
$499,000
838 N 64th St
Wauwatosa, WI
3 bd2 ba2,042 sqft$244/ft²
House5,227 sqft lot
View photos & details
$499,900
2356 N 66th St
Wauwatosa, WI
5 bd2 ba2,310 sqft$216/ft²
House4,792 sqft lot
View photos & details
Looking to buy in Wauwatosa?
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Active listings
105
Homes on market
Median list price
$425K
Avg. days on market
29
Days until sale
New this week
88
Newly listed
Price drops:16.2%of listings
Sale-to-list:106.3%
How much do homes cost in Wauwatosa by property type?
How the Wauwatosa, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $412,500 | $259/sq ft | 64 | 29 days |
| Condo / co-op | $212,500 | $169/sq ft | 2 | 30 days |
Who lives in Wauwatosa?
American Community Survey estimates for Wauwatosa. U.S. Census ACS, 2023
Population
47,718
Households
21,677
Median income
$93,859/yr
Median age
38.7 years
Owner-occupied
60.3%
Median home value
$307,600
Median gross rent
$1,373/mo
Mean commute
19.8 min
60.3% of occupied homes in Wauwatosa are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $307,600 against Zillow's $427,594 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,373/mo, below Zillow's $1,713/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Wauwatosa?
18 schools tracked · 6,771 students
The largest public schools serving Wauwatosa, 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.
East High
Grades 9-12 · 1,041 students
West High
Grades 9-12 · 1,028 students
Longfellow Middle
Grades 6-8 · 750 students
Whitman Middle
Grades 6-8 · 598 students
Roosevelt Elementary
Grades PK-5 · 406 students
McKinley Elementary
Grades PK-5 · 386 students
Eisenhower Elementary
Grades PK-5 · 355 students
Lincoln Elementary
Grades PK-5 · 336 students
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 Wauwatosa, WI?
Ordered by distance from Wauwatosa, not by size. Compare Wauwatosa side by side with any of them.
Wauwatosa housing market FAQ
Is Wauwatosa a buyer's or seller's market?
Wauwatosa, WI is currently a strong seller's market. That read comes from 1.5 months of supply, homes going under contract in about 29 days, and sellers getting 106.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Wauwatosa?
The typical home in Wauwatosa, WI is worth $427,594 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $415,000, about $254 per square foot.
Is Wauwatosa cheaper than the rest of Wisconsin?
Wauwatosa's median sale price of $415,000 is 15% higher than the Wisconsin statewide median of $361,600, and 1% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Wauwatosa?
Homes in Wauwatosa, WI spent a median of 29 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Wauwatosa?
At the current 30-year fixed rate of 7.03%, 20% down on a $427,594 home is about $2,283 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $97,831 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $93,859.
Are home prices rising in Wauwatosa?
The typical home value in Wauwatosa, WI rose 2.7% over the last 12 months, from $416,150 to $427,594 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Wauwatosa?
Wauwatosa ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Wauwatosa?
That depends on your timeline, not on a headline. What the data says today: Wauwatosa, WI is a strong seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.8x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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