Greendale, WI—53129
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greendale, WI
As of Oct '25, the median home price in Greendale, WI is $370,000, with a year-over-year change of 2.3%. This indicates that home prices in Greendale, 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 | $370,000 | 2.3% |
| Single Family | $376,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $289,000 | 4.0% |
3 Bed | $353,000 | 2.9% |
4 Bed | $458,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greendale, WI
As of July '25, Rentcast reports the average rent in Greendale, WI is $2,080, with a year-over-year rent change of 18.9%. Per bedroom, the median rent as of July '25 in Greendale, WI is 1-bedrooms: $1,270, 3-bedrooms: $2,220, 4-bedrooms: $3,020. The most common rental property sizes in Greendale, WI are 2-bedroom and 1-bedroom, accounting for 53.1% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,270 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,400 | $2,220 |
| 4 Bed Rent | $3,020 | $3,020 |
% of Rental Stock
Property Listings — Greendale, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Greendale, WI is 21. This is a decrease of -14.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | 13.0% |
Listing Count | 18 | -6.0% |
| Listings as % of Homes | 0.1% | -6.0% |
Days on Market | 21 | -14.0% |
Demographics — Greendale, WI
As of the latest ACS Survey released in 2023, Greendale, WI has a population of 14,600, which has increased by 2.8% over the past 5 years. Greendale, WI is a popular place for families, as children make up 26.5% of the population. The area has a highly educated workforce, with 49.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,600 | 2.8% |
% Under 18 | 26.5% | 17.3% |
% Seniors | 20.3% | -11.7% |
% WFH | 14.1% | 127.4% |
% w/ College Degree | 49.4% | 17.9% |
As of the latest ACS Survey released in 2023, Greendale, WI is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Greendale, WI is hispanic, making up 9.2% of the population. Foreign-born residents account for 9.9% of the population in Greendale, WI, and this percentage has increased by 73.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.7% | -12.3% |
% Black | 1.6% | 23.1% |
% Hispanic | 9.2% | 119.0% |
% Asian | 5.8% | 132.0% |
% Foreign Born | 9.9% | 73.7% |
Mortgage and Risk — Greendale, WI
According to HUD data as of 2023, there were 281 mortgage originations in Greendale, WI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Greendale, WI. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 281 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Greendale, WI
Greendale, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 227 |
Total Units Section 8 | 227 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $950 | $1,100 |
| 2 Bedroom | N/A | N/A | $1,310 |
| 3 Bedroom | -$780 | $2,400 | $1,620 |
| 4 Bedroom | -$1,250 | $3,020 | $1,770 |
Affordability — Greendale, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $370,000 |
| Median Household Income | $95,400 |