Mequon, WI53097

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$648,000
0.9% YoY Growth
Median Household Income
$150,000
23.5% 5-Year Growth
Days on Market
64
57.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$4,900
25.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$4,900
26.3% YoY Growth

Other Zip Codes in Mequon, WI

Property Listings — Mequon, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in Mequon, WI is 64. This is a increase of 57.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$800,0005.0%
Listing Count
1917.0%
Listings as % of Homes0.4%17.0%
Days on Market
6457.0%
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Demographics — Mequon, WI

As of the latest ACS Survey released in 2023, Mequon, WI has a population of 7,330, which has increased by 17.4% over the past 5 years. Mequon, WI is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 64.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,33017.4%
% Under 18
21.4%16.3%
% Seniors
15.4%0.7%
% WFH
24.3%129.2%
% w/ College Degree
64.7%4.4%
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As of the latest ACS Survey released in 2023, Mequon, WI is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Mequon, WI is hispanic, making up 5.3% of the population. Foreign-born residents account for 8.4% of the population in Mequon, WI, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
82.5%-1.4%
% Black
1.1%-77.1%
% Hispanic
5.3%43.2%
% Asian
4.5%-34.8%
% Foreign Born
8.4%20.0%
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Mortgage and Risk — Mequon, WI

According to HUD data as of 2023, there were 129 mortgage originations in Mequon, WI, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Mequon, WI. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
129
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Mequon, WI

Mequon, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,330
2 BedroomN/AN/A$1,580
3 Bedroom-$2,930$4,900$1,970
4 BedroomN/AN/A$2,150

Affordability — Mequon, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$648,000
Median Household Income$150,000

Mequon, WI — ZIP Code Boundary Map

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Frequently Asked Questions