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Market Intelligence · WI / Waukesha

Waukesha, WI 53188 Housing Market

The typical home value in Waukesha, WI 53188 is $428,354, up 5.6% over the past year as of September 2026. The median list price is $494,450, and homes are moving in a median of 30 days on market.

Updated September 2026Median value$428K

The median home value in Waukesha, WI 53188 is $428K as of September 2026, up 5.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 53188 range

$394K to $463K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.6% over 12 months

Typical home value in 53188 over the last 12 months: $406K in Sep 2025 to $428K in Sep 2026 (+5.6%).

Sep 2025$406K

Sep 2026$428K

The numbers

What is the 53188 housing market like?

Typical home value

$428K

Up5.6%YoY

Median list price

$494K

Down1.1%MoM

Days on market

30

Down9.1%MoM

Homes for sale

82

Down5.7%MoM

Price cuts

13.4%

Up54.8%MoM

New listings

48

Flat0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

53188 housing market forecast 2027

+3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53188 to rise 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 53188 rose 5.6%, per the Zillow Home Value Index.

Will home prices drop in 53188?

Zillow's forecast does not call for a drop: it expects typical home values in 53188 to rise 3.0% by September 2027, after a 5.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 53188 home prices compare?

  • 53188$428,354
  • Waukesha$428,354
  • Wisconsin$310,474
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Waukesha: 3 ZIPs; Wisconsin: 679 ZIPs; United States: 26,262 ZIPs).

Context

There were 82 homes for sale in 53188 as of September 2026, with 48 new listings coming on during that period. The typical home value of $428,354 is up 5.6% over the past year, while the median list price sits higher at $494,450. Homes are selling at a steady pace, with a median of 30 days on market. About 13.4% of listings have taken a price cut, so some sellers are adjusting expectations. For a homeowner weighing a sale, values are rising and well-priced homes are still finding buyers within a reasonable window.

Monthly payment

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20% · $85,671

Common questions

What people ask us.

How much is a home in 53188 worth?

The typical home value in 53188 is $428,354 as of September 2026, up 5.6% over the past year. The median list price is $494,450.

How fast are homes selling in 53188?

Homes in 53188 have a median of 30 days on market as of September 2026. There were 82 homes for sale and 48 new listings during that period.

Are sellers cutting prices in 53188?

As of September 2026, 13.4% of listings in 53188 had a price cut. Most sellers are holding their asking price.

Discover

Nearby ZIP markets.

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