Mequon, WI—53092
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Mequon, WI
Home Price Trends — Mequon, WI
As of Oct '25, the median home price in Mequon, WI is $573,000, with a year-over-year change of -0.8%. This indicates that home prices in Mequon, WI are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $573,000 | -0.8% |
| Single Family | $597,000 | -0.8% |
| Condos | $447,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $341,000 | 4.9% |
3 Bed | $496,000 | 2.9% |
4 Bed | $713,000 | 4.1% |
| 5 Bed | $1,029,000 | 4.7% |
% of Housing Stock
Rental Trends — Mequon, WI
As of July '25, Rentcast reports the average rent in Mequon, WI is $2,510, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Mequon, WI is 2-bedrooms: $1,870, 3-bedrooms: $3,140, 4-bedrooms: $3,520. The most common rental property sizes in Mequon, WI are 2-bedroom and 3-bedroom, accounting for 48.3% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,950 | $1,870 |
| 3 Bed Rent | $2,900 | $3,140 |
| 4 Bed Rent | $3,300 | $3,520 |
% of Rental Stock
Property Listings — Mequon, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mequon, WI is 28. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $532,000 | 6.0% |
Listing Count | 65 | -20.0% |
| Listings as % of Homes | 0.3% | -20.0% |
Days on Market | 28 | -10.0% |
Demographics — Mequon, WI
As of the latest ACS Survey released in 2023, Mequon, WI has a population of 21,200, which has increased by 1.4% over the past 5 years. Mequon, WI is a moderately popular place for families, as children make up 21.7% of the population. The area has a highly educated workforce, with 68.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,200 | 1.4% |
% Under 18 | 21.7% | -1.8% |
% Seniors | 25.4% | -0.8% |
% WFH | 20.8% | 235.5% |
% w/ College Degree | 68.8% | 5.5% |
As of the latest ACS Survey released in 2023, Mequon, WI is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Mequon, WI is hispanic, making up 4.4% of the population. Foreign-born residents account for 7.9% of the population in Mequon, WI, and this percentage has decreased by 14.1% 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 | 87.1% | -4.8% |
% Black | 2.6% | 36.8% |
% Hispanic | 4.4% | 131.6% |
% Asian | 3.3% | 26.9% |
% Foreign Born | 7.9% | -14.1% |
Mortgage and Risk — Mequon, WI
According to HUD data as of 2023, there were 520 mortgage originations in Mequon, WI, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Mequon, WI. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 520 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Mequon, WI
Mequon, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 53 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 88.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,580 |
| 2 Bedroom | -$70 | $1,950 | $1,880 |
| 3 Bedroom | -$570 | $2,900 | $2,330 |
| 4 Bedroom | -$760 | $3,300 | $2,540 |
Affordability — Mequon, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $573,000 |
| Median Household Income | $126,000 |