Waukesha, Wisconsin Real Estate Market Analysis

dynamic.RE

Waukesha, Wisconsin

4 ZIPs in this city:53186 53187 53188 53189

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-26.6%

Faster

Price vs US

112%

Above avg

Median Listing Price

$496K

Population

95,121

Households

39,785

Median Days on Market

Active Listings

203

New Listings

104

Housing Market

Pricing

Median Listing Price

$496K+1.8% YoY

Average Listing Price

$547K+8.8% YoY

Price per Sq Ft

$238.483+0.4% YoY

Median Sq Ft

1,965+5.8% YoY

Inventory

Active Listings

203+9.1% YoY

New Listings

104-3.7% YoY

Total Listings

237+8.7% YoY

Buyer Competition

Pending Listings

36+9.1% YoY

Pending Ratio

0.17+0.7% YoY

Median Days on Market

32+5.3% YoY

Price Reduced

6.7%+2.2% YoY

Units & Occupancy

2024 Occupancy

176Kunits

Occupied168,65896.1%
Vacant6,9333.9%

2024 Tenure

169Koccupied

Owner128,14776.0%
Renter40,51124.0%

Renter Share

24.0%+1.9% YoY

Total Housing Units

175,591+1.2% YoY

FY2026 Fair Market Rent — Waukesha County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,027

/month

1 BR

$1,119

/month

2 BR

$1,338

/month

3 BR

$1,648

/month

4 BR

$1,784

/month

FMR Trends — Waukesha County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

95,121+1.0% YoY

2024 Age Mix

95Kresidents

Under 1818,24919.2%
Adults 18–6460,09763.2%
65 & Over16,77517.6%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

40.01+0.5% YoY

Population Under 18

18,249-1.2% YoY

Population 65 & Over

16,775+6.3% YoY

Households & Mobility

Total Households

39,785+1.6% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.34-0.3% YoY

2024 Residential Mobility

of residents

Same house88.1%
Moved (within US)11.7%
Other0.3%

Veterans

4.8%-5.2% YoY

Income & Poverty

Median Household Income

$92K+2.2% YoY

Per-Capita Income

$48K+3.6% YoY

Mean Household Income

$112K+2.7% YoY

Below Poverty Level

8.3%-2.9% YoY

Commuting

2024 Commute Mode

of workers

Drove alone76.6%
Public transit0.4%
Worked from home14.0%
Other8.9%

Worked From Home

14.0%+8.0% YoY

Mean Commute

22.08-0.9% YoY

Units & Tenure

Total Housing Units

40,890+1.7% YoY

2024 Occupancy

41Kunits

Occupied39,78597.3%
Vacant1,1052.7%

2024 Tenure

40Khouseholds

Owner26,25266.0%
Renter13,53334.0%

Avg Household Size — Owner

2.59+0.8% YoY

Avg Household Size — Renter

1.87-2.6% YoY

County Demographics

Median Age

43.52024

Population

Waukesha County Population

417,029+0.7% YoY

Households

Total Households

168,658+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.42-0.4% YoY

Age

2024 Age Mix

412Kresidents

Under 1886,29821.0%
Adults 18–64241,12658.6%
65 & Over84,33820.5%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

86,298-0.5% YoY

Population 65 & Over

84,338+3.8% YoY

Median Age

43.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house90.7%
Moved (within US)9.1%
Other0.2%

Veterans

5.5%-5.2% YoY

County Economy

Income

Median Household Income

$106K+1.9% YoY

Per-Capita Income

$58K+1.5% YoY

Mean Household Income

$138K+1.0% YoY

Poverty

Below Poverty Level

5.2%0.0% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone76.1%
Public transit0.2%
Worked from home16.8%
Other6.9%

Worked From Home

16.8%+9.8% YoY

Mean Commute

22.60-0.9% YoY

Waukesha, Wisconsin

4 ZIPs in this city:53186 53187 53188 53189

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-26.6%

Faster

Price vs US

112%

Above avg

Median Listing Price

$496K

Population

95,121

Households

39,785

Median Days on Market

Active Listings

203

New Listings

104

Housing Market

Pricing

Median Listing Price

$496K+1.8% YoY

Average Listing Price

$547K+8.8% YoY

Price per Sq Ft

$238.483+0.4% YoY

Median Sq Ft

1,965+5.8% YoY

Inventory

Active Listings

203+9.1% YoY

New Listings

104-3.7% YoY

Total Listings

237+8.7% YoY

Buyer Competition

Pending Listings

36+9.1% YoY

Pending Ratio

0.17+0.7% YoY

Median Days on Market

32+5.3% YoY

Price Reduced

6.7%+2.2% YoY

Units & Occupancy

2024 Occupancy

176Kunits

Occupied168,65896.1%
Vacant6,9333.9%

2024 Tenure

169Koccupied

Owner128,14776.0%
Renter40,51124.0%

Renter Share

24.0%+1.9% YoY

Total Housing Units

175,591+1.2% YoY

FY2026 Fair Market Rent — Waukesha County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,027

/month

1 BR

$1,119

/month

2 BR

$1,338

/month

3 BR

$1,648

/month

4 BR

$1,784

/month

FMR Trends — Waukesha County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

95,121+1.0% YoY

2024 Age Mix

95Kresidents

Under 1818,24919.2%
Adults 18–6460,09763.2%
65 & Over16,77517.6%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

40.01+0.5% YoY

Population Under 18

18,249-1.2% YoY

Population 65 & Over

16,775+6.3% YoY

Households & Mobility

Total Households

39,785+1.6% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.34-0.3% YoY

2024 Residential Mobility

of residents

Same house88.1%
Moved (within US)11.7%
Other0.3%

Veterans

4.8%-5.2% YoY

Income & Poverty

Median Household Income

$92K+2.2% YoY

Per-Capita Income

$48K+3.6% YoY

Mean Household Income

$112K+2.7% YoY

Below Poverty Level

8.3%-2.9% YoY

Commuting

2024 Commute Mode

of workers

Drove alone76.6%
Public transit0.4%
Worked from home14.0%
Other8.9%

Worked From Home

14.0%+8.0% YoY

Mean Commute

22.08-0.9% YoY

Units & Tenure

Total Housing Units

40,890+1.7% YoY

2024 Occupancy

41Kunits

Occupied39,78597.3%
Vacant1,1052.7%

2024 Tenure

40Khouseholds

Owner26,25266.0%
Renter13,53334.0%

Avg Household Size — Owner

2.59+0.8% YoY

Avg Household Size — Renter

1.87-2.6% YoY

County Demographics

Median Age

43.52024

Population

Waukesha County Population

417,029+0.7% YoY

Households

Total Households

168,658+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.42-0.4% YoY

Age

2024 Age Mix

412Kresidents

Under 1886,29821.0%
Adults 18–64241,12658.6%
65 & Over84,33820.5%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

86,298-0.5% YoY

Population 65 & Over

84,338+3.8% YoY

Median Age

43.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house90.7%
Moved (within US)9.1%
Other0.2%

Veterans

5.5%-5.2% YoY

County Economy

Income

Median Household Income

$106K+1.9% YoY

Per-Capita Income

$58K+1.5% YoY

Mean Household Income

$138K+1.0% YoY

Poverty

Below Poverty Level

5.2%0.0% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone76.1%
Public transit0.2%
Worked from home16.8%
Other6.9%

Worked From Home

16.8%+9.8% YoY

Mean Commute

22.60-0.9% YoY