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ELM GROVE, WI 53122

Real Estate Market Report  ·  Waukesha County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 60% vs 5 last year
Pending
2
25% pending ratio
Median Price
$439,950
⇧ 27.2% vs $345,925 last year
Average Price
$611,770
⇧ 84.1% vs $332,346 last year
Days on Market
28
⇩ 49.1% vs 55 days last year

Market Context

Population: 6,461  ·  Density: 763.4/mi²  ·  Median household income: $127,157

Typical home value: $426,724  ·  Homeownership: 89.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ELM GROVE, WI real estate market (53122) currently shows 8 active listings, with 2 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 28 days on market compared to 55 days last year.

The median listing price has risen 27.2% year-over-year, from $345,925 to $439,950.

Whether you are buying or selling in ELM GROVE, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 5 last year
  • Days on market: 28 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $439,950 (+27.2% YoY)
  • Average: $611,770 (+84.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.0 miles — 436 listings ($105,549,660 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53122Elm Grove, WI 531220.0 mi8$4,894,160$439,950$611,770
53226Milwaukee, WI 532262.3 mi15$6,643,560$452,500$442,904
53222Milwaukee, WI 532223.5 mi50$13,362,100$250,000$267,242
53007Butler, WI 530074.2 mi3$974,850$339,950$324,950
53213Milwaukee, WI 532134.3 mi20$8,600,700$399,900$430,035
53151New Berlin, WI 531515.1 mi26$11,601,538$389,000$446,213
53219Milwaukee, WI 532196.0 mi53$12,900,571$249,900$243,407
53208Milwaukee, WI 532086.1 mi28$6,817,188$219,900$243,471
53216Milwaukee, WI 532166.2 mi51$8,865,075$169,900$173,825
53218Milwaukee, WI 532186.6 mi80$14,240,800$169,900$178,010
53220Milwaukee, WI 532207.5 mi32$8,870,848$270,000$277,214
53205Milwaukee, WI 532057.7 mi10$1,807,130$152,400$180,713
53206Milwaukee, WI 532068.0 mi60$5,971,140$89,320$99,519

Frequently Asked Questions

How many homes are for sale in ELM GROVE, WI 53122?

As of January 2026, there are 8 active listings in ELM GROVE, WI (zip code 53122), compared to 5 the prior year.

What is the median home price in ELM GROVE, WI 53122?

The median listing price in ELM GROVE, WI 53122 is $439,950 as of January 2026, a 27.2% increase from $345,925 the prior year.

How long do homes stay on the market in ELM GROVE, WI?

Homes in ELM GROVE, WI 53122 spend an average of 28 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in ELM GROVE, WI 53122?

Based on current inventory and days-on-market data as of January 2026, ELM GROVE, WI 53122 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 28 days on market compared to 55 days last year.

How much can I save on real estate commission in ELM GROVE, WI?

With SELL123.com's maximum 3% commission, sellers in ELM GROVE, WI 53122 save an estimated $8,799 compared to a typical 5% commission on the median listing price of $439,950. 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.