Muskego, WI—53150
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Muskego, WI
As of Oct '25, the median home price in Muskego, WI is $502,000, with a year-over-year change of 4.5%. This indicates that home prices in Muskego, WI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $502,000 | 4.5% |
| Single Family | $509,000 | 5.2% |
| Condos | $396,000 | 4.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $327,000 | 5.1% |
3 Bed | $456,000 | 4.3% |
4 Bed | $573,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Muskego, WI
As of July '25, Rentcast reports the average rent in Muskego, WI is $1,720, with a year-over-year rent change of 27.4%. Per bedroom, the median rent as of July '25 in Muskego, WI is 1-bedrooms: $1,230, 2-bedrooms: $1,570, 3-bedrooms: $3,000, 4-bedrooms: $2,800. The most common rental property sizes in Muskego, WI are 2-bedroom and 1-bedroom, accounting for 53.8% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,460 | $1,230 |
| 2 Bed Rent | $1,300 | $1,570 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Muskego, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Muskego, WI is 31. This is a decrease of -16.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $534,000 | 21.0% |
Listing Count | 36 | -40.0% |
| Listings as % of Homes | 0.3% | -40.0% |
Days on Market | 31 | -16.0% |
Demographics — Muskego, WI
As of the latest ACS Survey released in 2023, Muskego, WI has a population of 26,100, which has increased by 2.0% over the past 5 years. Muskego, WI is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 44.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | 2.0% |
% Under 18 | 20.6% | -13.1% |
% Seniors | 20.2% | 21.0% |
% WFH | 15.6% | 387.5% |
% w/ College Degree | 44.3% | 26.2% |
As of the latest ACS Survey released in 2023, Muskego, WI is a predominantly white area, with 90.5% 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 Muskego, WI is hispanic, making up 5.5% of the population. Foreign-born residents account for 3.1% of the population in Muskego, WI, and this percentage has increased by 24.0% 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 | 90.5% | -4.2% |
% Black | 0.7% | 250.0% |
% Hispanic | 5.5% | 41.0% |
% Asian | 1.2% | 50.0% |
% Foreign Born | 3.1% | 24.0% |
Mortgage and Risk — Muskego, WI
According to HUD data as of 2023, there were 663 mortgage originations in Muskego, WI, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 43.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Muskego, WI. Investor activity is low, as 1.0% 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 | 663 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Muskego, WI
As of 2024, the percent of homes in Muskego, WI under the Section 8 program is 3.0%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Muskego, WI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,460 | $1,220 |
| 2 Bedroom | $160 | $1,300 | $1,460 |
| 3 Bedroom | -$1,190 | $3,000 | $1,810 |
| 4 Bedroom | -$820 | $2,800 | $1,980 |
Affordability — Muskego, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $502,000 |
| Median Household Income | $113,000 |