View in Interactive Map

Waterford, WI—53185

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$432,000
4.2% YoY Growth
Household Income
$101,000
9.5% YoY Growth
Days on Market
61
10.0% Shorter YoY
Home Price Forecast
2.5%
Median Rent
$1,750
56.6% YoY Growth
1-Bed Rent
$1,140
N/A
2-Bed Rent
$1,750
90.7% YoY Growth
3-Bed Rent
$2,000
11.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Waterford, WI

As of Dec '25, the median home price in Waterford, WI is $432,000, with a year-over-year change of 4.2%. This indicates that home prices in Waterford, WI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$432,0004.2%
Single Family $446,0004.7%
Condos $339,0003.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$341,0003.0%
    3 Bed
    		$447,0005.2%
    4 Bed
    		$539,0004.3%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    4.8%
    2 Bedrooms
    19.7%
    3 Bedrooms
    56.1%
    4 Bedrooms
    15.9%
    5+ Bedrooms
    3.1%

    Rental Trends — Waterford, WI

    As of July '25, Rentcast reports the average rent in Waterford, WI is $1,910, with a year-over-year rent change of 56.6%. Per bedroom, the median rent as of July '25 in Waterford, WI is 1-bedrooms: $1,140, 2-bedrooms: $1,840, 3-bedrooms: $2,230. The most common rental property sizes in Waterford, WI are 2-bedroom and 3-bedroom, accounting for 39.9% and 37.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,750$1,910
    Studio Rent N/AN/A
    1 Bed Rent $1,140$1,140
    2 Bed Rent $1,750$1,840
    3 Bed Rent $2,000$2,230
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    0.9%
    1 Bedroom
    17.2%
    2 Bedrooms
    39.9%
    3 Bedrooms
    37.9%
    4 Bedrooms
    4.1%

    Property Listings — Waterford, WI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Waterford, WI is 43. This is a decrease of -8.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$502,00012.0%
    Listing Count
    		47-12.0%
    Listings as % of Homes0.7%-12.0%
    Days on Market
    		61-10.0%
    Loading chart...

    Demographics — Waterford, WI

    As of the latest ACS Survey released in 2023, Waterford, WI has a population of 18,800, which has remained stable by -0.8% over the past 5 years. Waterford, WI is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		18,800-0.8%
    % Under 18
    		20.1%-11.5%
    % Seniors
    		18.5%15.6%
    % WFH
    		11.5%187.5%
    % w/ College Degree
    		31.7%-3.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Waterford, WI is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Waterford, WI is hispanic, making up 4.8% of the population. Foreign-born residents account for 2.2% of the population in Waterford, WI, and this percentage has increased by 46.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.1%-4.5%
    % Black
    		0.4%100.0%
    % Hispanic
    		4.8%60.0%
    % Asian
    		1.2%100.0%
    % Foreign Born
    		2.2%46.7%
    Loading chart...

    Mortgage and Risk — Waterford, WI

    According to HUD data as of 2023, there were 421 mortgage originations in Waterford, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Waterford, WI. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		421
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		13.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Waterford, WI

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

    Section 8 Market Size

    Total Units under HUD
    		28
    Total Units Section 8
    		28
    % Rentals under Section 8
    		2.1%
    % Occupied Section 8
    		97.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$120$1,140$1,020
    2 Bedroom-$450$1,750$1,300
    3 Bedroom-$310$2,000$1,690
    4 BedroomN/AN/A$2,050

    Affordability — Waterford, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$432,000
    Median Household Income$101,000

    Waterford, WI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Rochester

    53167

    Vernon, WI

    53103

    Muskego, WI

    53150

    Eagle Lake, WI

    53139

    Burlington, WI

    53105

    Frequently Asked Questions