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Market Intelligence · WI / Waukesha

Waukesha, WI 53189 Housing Market

The typical home value in Waukesha, WI 53189 is $509,624, up 7.4% over the past year as of September 2026. Homes carry a median list price of $548,700 and a median of 37 days on market. Sellers here are working with rising values and a market that is moving at a steady pace.

Updated September 2026Median value$510K

The median home value in Waukesha, WI 53189 is $510K as of September 2026, up 7.4% 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 53189 range

$469K to $550K

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

+7.4% over 12 months

Typical home value in 53189 over the last 12 months: $474K in Sep 2025 to $510K in Sep 2026 (+7.4%).

Sep 2025$474K

Sep 2026$510K

The numbers

What is the 53189 housing market like?

Typical home value

$510K

Up7.4%YoY

Median list price

$549K

Up2.1%MoM

Days on market

37

Flat0.0%MoM

Homes for sale

57

Down10.9%MoM

Price cuts

13.8%

Up80.8%MoM

New listings

28

Flat0.0%MoM

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

The outlook

53189 housing market forecast 2027

+3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53189 to rise 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 53189 rose 7.4%, per the Zillow Home Value Index.

Will home prices drop in 53189?

Zillow's forecast does not call for a drop: it expects typical home values in 53189 to rise 3.0% by September 2027, after a 7.4% 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 53189 home prices compare?

  • 53189$509,624
  • 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

As of September 2026, there were 57 homes for sale in 53189, with 28 new listings coming on that month. The median list price was $548,700, while the typical home value stood at $509,624, up 7.4% over the past year. Homes spent a median of 37 days on market, and 13.8% of listings had a price cut. That share of reductions is relatively modest, but it shows some sellers are still overshooting what buyers will pay. For a seller, the takeaway is that demand is supporting values, but pricing realistically from the start matters.

Monthly payment

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20% · $101,925

Common questions

What people ask us.

How much is a home in 53189 worth?

The typical home value in 53189 is $509,624 as of September 2026, up 7.4% over the past year. The median list price was $548,700.

How fast are homes selling in 53189?

Homes spent a median of 37 days on market as of September 2026. There were 57 homes for sale, with 28 new listings added that month.

Are sellers cutting prices in 53189?

As of September 2026, 13.8% of listings in 53189 had a price cut. Most listings held their asking price.

Discover

Nearby ZIP markets.

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Guides for sellers.