Hales Corners, WI—53130
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hales Corners, WI
As of Oct '25, the median home price in Hales Corners, WI is $383,000, with a year-over-year change of 1.8%. This indicates that home prices in Hales Corners, WI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $383,000 | 1.8% |
| Single Family | $386,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $385,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hales Corners, WI
As of July '25, Rentcast reports the average rent in Hales Corners, WI is $1,300, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Hales Corners, WI is 1-bedrooms: $1,170, 2-bedrooms: $1,300, 3-bedrooms: $1,950. The most common rental property sizes in Hales Corners, WI are 2-bedroom and 1-bedroom, accounting for 51.9% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,090 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,170 |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hales Corners, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Hales Corners, WI is 18. 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $466,000 | 23.0% |
Listing Count | 8 | -50.0% |
| Listings as % of Homes | 0.1% | -50.0% |
Days on Market | 18 | -14.0% |
Demographics — Hales Corners, WI
As of the latest ACS Survey released in 2023, Hales Corners, WI has a population of 7,650, which has remained stable by 0.7% over the past 5 years. Hales Corners, WI is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 41.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,650 | 0.7% |
% Under 18 | 24.2% | 17.5% |
% Seniors | 20.6% | 3.5% |
% WFH | 7.8% | 105.3% |
% w/ College Degree | 41.7% | 8.3% |
As of the latest ACS Survey released in 2023, Hales Corners, WI is a predominantly white area, with 84.8% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Hales Corners, WI is hispanic, making up 7.3% of the population. Foreign-born residents account for 4.7% of the population in Hales Corners, WI, and this percentage has increased by 14.6% 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 | 84.8% | -1.9% |
% Black | 0.5% | -64.3% |
% Hispanic | 7.3% | -9.9% |
% Asian | 3.8% | 58.3% |
% Foreign Born | 4.7% | 14.6% |
Mortgage and Risk — Hales Corners, WI
According to HUD data as of 2023, there were 163 mortgage originations in Hales Corners, WI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Hales Corners, 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 | 163 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hales Corners, WI
Hales Corners, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 62 |
Total Units Section 8 | 62 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,080 | $1,290 |
| 2 Bedroom | $230 | $1,300 | $1,530 |
| 3 Bedroom | -$50 | $1,950 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — Hales Corners, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $383,000 |
| Median Household Income | $86,800 |