Elm Grove, WI Real Estate Market Summary – September 8, 2026
In Elm Grove, WI, the overall real estate market saw 16 properties sold in the last 30 days, averaging 19.56 days on the market before a transaction. The average sale price was $871,494, with a median sale price of $705,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 16 |
| Sold Per Day | 1 every 1.88 days |
| Average SQFT | 3163 |
| Median Sales Price | $705,000 |
| Average Sales Price | $871,494 |
| Average Price Per SQFT | $271 |
| Average Days on Market | 20 |
| Average Year Built | 1976 |
Elm Grove, WI Single Family Home Analysis
The single-family home segment recorded 11 transactions, with an average living area of 3,798 square feet and an average sale price of $1,097,264. These homes spent an average of 21.45 days on the market before being purchased.
| Metric | 30 Days |
|---|---|
| Number Sold | 11 |
| Sold Per Day | 1 every 2.73 days |
| Average SQFT | 3798 |
| Median Sales Price | $778,000 |
| Average Sales Price | $1,097,264 |
| Average Price Per SQFT | $290 |
| Average Days on Market | 21 |
| Average Year Built | 1967 |
Elm Grove, WI Condo & Townhome Analysis
In the condo and townhome sector, 5 units were sold, with an average living area of 1,764 square feet. The average sale price in this segment was $374,800, and listings averaged 15.4 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 1764 |
| Median Sales Price | $314,000 |
| Average Sales Price | $374,800 |
| Average Price Per SQFT | $229 |
| Average Days on Market | 15 |
| Average Year Built | 1993 |
Buyer & Seller Analysis
- 16 homes sold overall in the last month
- Average price of homes sold was $871,494
- Properties were on the market for about 19 days on average
- Single-family homes averaged 21 days on the market
- Condo-townhome units had an average sale price of $374,800
Conclusion
Overall, Elm Grove’s real estate market demonstrates a steady turnover with varied pricing across different segments. The consistent days on market indicate a stable environment for both home types.