88 homes sold in Elm Grove in the last year, at a typical $676K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elm Grove homes are listed.
Every place Elm Grove homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elm Grove.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
40% of Elm Grove’s sales are condos, at $479K less than a house
54 houses and 36 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 54 sold in the year to May 2026
- Per square foot
- $287WI $196
- Days to sell
- 37
- Sold over asking
- 56%
- Listings with a price cut
- 24%
typical sale · 36 sold in the year to May 2026
- Per square foot
- $204WI $209
- Days to sell
- 51
- Sold over asking
- 14%
- Listings with a price cut
- 36%
Multi-family (2–4 units): 1 sold, typical $430K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2023, at 1.9 times the 2016 price
88 sales in the last year, against 124 in 2022 and a low of 81 in 2025. The typical sale went from $356K in 2016 to $676K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $700K buys in Elm Grove
Check a listing against what Elm Grove homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elm Grove are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Elm Grove’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 88 sales.
If you’re buying in Elm Grove
- Shop in July. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
- Expect to bid over asking. Buyers paid 102.2% of the list price on average; 42% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 17 a month), and the most competition: 51% close over asking. July offers nearly as much choice with fewer homes bid up (38%). February has the least competition (13%) but only about 9 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Wisconsin
| Elm Grove now | 2017–19 | 2021 peak | WI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 42% | 22% | 42% | 35% |
| Gone within two weeksShare of homes under contract within 14 days | 54% | 39% | 59% | 44% |
| Price paid vs. askingAverage sale price ÷ list price | 102.2% | 97.5% | 101% | 99.2% |
| Days to sellMedian days from listing to contract | 45 | 73 | 56 | 53 |
18 homes for sale on a typical day
That’s 1.6 times the 2023 low (11), 52% fewer than in 2017–19 and well under 2015’s 44.
Since 2019, houses are up 62%, condos 41%
A house typically sold for $802K in the year to May 2026 (54 sales), a condo for $323K (36).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Elm Grove ranks 67th of 165 busy Wisconsin markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Elm Grove is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elm Grove home costs about $4,327 a month
Price: Elm Grove’s typical sale, last 12 months. Property tax at Elm Grove’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elm Grove is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $676K home, about $9,600 a year.
Taxes vs. neighborsSchools
The schools grade for Elm Grove, from test results, graduation and how much students grow.
Schools in Elm GroveTypical commute
The average one-way trip to work for people who live in Elm Grove.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Brookfield, Wauwatosa, West Allis, Butler, New Berlin and Milwaukee sell for less a square foot
The busier markets within 25 miles of Elm Grove, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Milwaukee | 5,783 | $236K | $159 | 41% | 44 |
| West Allis | 756 | $285K | $200 | 57% | 36 |
| Wauwatosa | 704 | $406K | $236 | 63% | 37 |
| Brookfield | 523 | $543K | $236 | 50% | 44 |
| New Berlin | 449 | $431K | $234 | 58% | 38 |
| Elm Grove | 88 | $676K | $259 | 42% | 45 |
| Butler | 23 | $328K | $238 | 70% | 37 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elm Grove, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elm Grove. People who follow the town see it, and so do people comparing Elm Grove with their own town. No commission, no listing fee.
Questions about buying a home in Elm Grove
What do homes sell for in Elm Grove, WI?
88 homes sold in the year to September 2026 at a typical $676K, $259 a square foot. Houses sold for about $802K, condos for about $323K in the year to May 2026.
Is Elm Grove a buyer’s or seller’s market?
A seller’s market: 28 homes were for sale in September 2026 and 10 sold, about 2.7 months of supply. Buyers paid 102.2% of asking on average.
When is the best time to buy in Elm Grove?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elm Grove?
About 1.4% of a home’s value a year. On a $676K home that’s near $9,600.
Where can I see homes for sale in Elm Grove?
Zillow, Redfin, Realtor.com and Homes.com all carry Elm Grove’s MLS listings; the search links above open each one filtered to Elm Grove.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).