Data as of March 2026. Source: Realtor.com.
The ELKHORN, WI real estate market (53121) currently shows 42 active listings, with 5 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 38 days on market compared to 37 days last year.
The median listing price has risen 44.4% year-over-year, from $424,900 to $613,725.
Whether you are buying or selling in ELKHORN, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 18,868 · Density: 63.7/mi² · Median household income: $82,308
Typical home value: $260,868 · Homeownership: 72.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 53121 | Elkhorn, WI 53121 | 0.0 mi | 35 | $30,207,030 | $519,000 | $863,058 |
| 53120 | East Troy, WI 53120 | 8.5 mi | 22 | $14,813,524 | $549,475 | $673,342 |
| 53147 | Lake Geneva, WI 53147 | 10.4 mi | 115 | $114,869,475 | $624,900 | $998,865 |
| 53119 | Eagle, WI 53119 | 12.2 mi | 12 | $8,454,348 | $548,725 | $704,529 |
| 53156 | Palmyra, WI 53156 | 12.9 mi | 2 | $712,200 | $331,150 | $356,100 |
| 53105 | Burlington, WI 53105 | 13.1 mi | 47 | $25,687,756 | $399,900 | $546,548 |
| 53149 | Mukwonago, WI 53149 | 14.9 mi | 49 | $29,900,045 | $516,150 | $610,205 |
| 53585 | Sharon, WI 53585 | 15.7 mi | 6 | $2,162,880 | $264,000 | $360,480 |
| 53153 | North Prairie, WI 53153 | 17.2 mi | 2 | $1,280,000 | $640,000 | $640,000 |
| 60034 | Hebron, IL 60034 | 18.1 mi | 4 | $839,768 | $207,925 | $209,942 |
| 53181 | Twin Lakes, WI 53181 | 19.8 mi | 29 | $21,426,650 | $474,675 | $738,850 |
| 53103 | Big Bend, WI 53103 | 19.9 mi | 5 | $4,462,625 | $966,150 | $892,525 |
| 60071 | Richmond, IL 60071 | 20.4 mi | 14 | $9,437,624 | $718,750 | $674,116 |
As of March 2026, there are 42 active listings in ELKHORN, WI (zip code 53121), compared to 49 the prior year.
The median listing price in ELKHORN, WI 53121 is $613,725 as of March 2026, a 44.4% increase from $424,900 the prior year.
Homes in ELKHORN, WI 53121 spend an average of 38 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELKHORN, WI 53121 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKHORN, WI 53121 save an estimated $12,275 compared to a typical 5% commission on the median listing price of $613,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.