Menomonee Falls, WI—53051
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Menomonee Falls, WI
As of Oct '25, the median home price in Menomonee Falls, WI is $416,000, with a year-over-year change of 5.0%. This indicates that home prices in Menomonee Falls, WI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $416,000 | 5.0% |
| Single Family | $425,000 | 5.5% |
| Condos | $345,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $314,000 | 4.7% |
3 Bed | $385,000 | 5.5% |
4 Bed | $542,000 | 5.4% |
| 5 Bed | $736,000 | 4.2% |
% of Housing Stock
Rental Trends — Menomonee Falls, WI
As of July '25, Rentcast reports the average rent in Menomonee Falls, WI is $1,700, with a year-over-year rent change of -15.4%. Per bedroom, the median rent as of July '25 in Menomonee Falls, WI is studios: $1,050, 1-bedrooms: $1,200, 2-bedrooms: $1,100, 3-bedrooms: $2,710, 4-bedrooms: $3,090. The most common rental property sizes in Menomonee Falls, WI are 1-bedroom and 2-bedroom, accounting for 40.8% and 39.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,700 |
| Studio Rent | $1,050 | $1,050 |
| 1 Bed Rent | $1,160 | $1,200 |
| 2 Bed Rent | $1,150 | $1,100 |
| 3 Bed Rent | $2,320 | $2,710 |
| 4 Bed Rent | $2,800 | $3,090 |
% of Rental Stock
Property Listings — Menomonee Falls, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Menomonee Falls, WI is 39. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $605,000 | 8.0% |
Listing Count | 117 | 1.0% |
| Listings as % of Homes | 0.3% | 1.0% |
Days on Market | 39 | -1.0% |
Demographics — Menomonee Falls, WI
As of the latest ACS Survey released in 2023, Menomonee Falls, WI has a population of 39,000, which has increased by 6.0% over the past 5 years. Menomonee Falls, WI is a moderately popular place for families, as children make up 23.0% of the population. The area has a highly educated workforce, with 48.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,000 | 6.0% |
% Under 18 | 23.0% | 3.1% |
% Seniors | 20.3% | 5.2% |
% WFH | 15.5% | 229.8% |
% w/ College Degree | 48.8% | 10.2% |
As of the latest ACS Survey released in 2023, Menomonee Falls, WI is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Menomonee Falls, WI is hispanic, making up 5.3% of the population. Foreign-born residents account for 5.9% of the population in Menomonee Falls, WI, and this percentage has decreased by 6.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.5% | -4.2% |
% Black | 3.6% | 2.9% |
% Hispanic | 5.3% | 89.3% |
% Asian | 5.2% | -14.8% |
% Foreign Born | 5.9% | -6.3% |
Mortgage and Risk — Menomonee Falls, WI
According to HUD data as of 2023, there were 1006 mortgage originations in Menomonee Falls, WI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Menomonee Falls, WI. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,006 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Menomonee Falls, WI
As of 2024, the percent of homes in Menomonee Falls, WI under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Menomonee Falls, WI, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 226 |
Total Units Section 8 | 226 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,160 | $1,280 |
| 2 Bedroom | $370 | $1,150 | $1,520 |
| 3 Bedroom | -$440 | $2,320 | $1,880 |
| 4 Bedroom | -$740 | $2,800 | $2,060 |
Affordability — Menomonee Falls, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $416,000 |
| Median Household Income | $98,400 |