Zip 53051 (Menomonee Falls, WI) Housing

The housing market in Menomonee Falls, WI (53051) is very strong. The median value of a house in the area is $323,100, which is slightly lower than the US average of $338,100. However, despite this slight difference in price, the one-year house appreciation rate for Menomonee Falls is 11.17%, which is higher than the US rate of 8.27%. This indicates that housing prices in Menomonee Falls are rising quickly and the market is growing strong.

The median home cost in Menomonee Falls (zip 53051) is $323,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Menomonee Falls (zip 53051) is up 15.5%.

Average Age of Homes

- The median age of Menomonee Falls (zip 53051) real estate is 41 years old

The Rental Market in Menomonee Falls (zip 53051)

- Renters make up 23.9% of the Menomonee Falls (zip 53051) population
- 1.3% of houses and apartments in Menomonee Falls (zip 53051), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Menomonee Falls, Wisconsin	United States
	16,367.0	139,647,020.0
	41	42
	$323,100	$338,100
	15.5%	16.6%
	47.8%	57.0%
	69.6%	101.1%
	$14.63	$10.98
	$4,028	$2,690
	72.2%	57.4%
	3.8%	11.2%
	24.0%	31.4%
Vacant Housing
	1.3%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	3.4%	11.3%
	12.2%	13.0%
	41.4%	20.1%
	20.0%	13.6%
	11.6%	8.3%
	7.6%	9.7%
	1.9%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	20.8%	13.6%
	7.5%	13.2%
	8.3%	14.8%
	20.8%	13.6%
	17.6%	10.0%
	2.1%	4.7%
	4.5%	12.2%