53122
Elm Grove, Wisconsin.
Elm Grove, Waukesha County, WI · Milwaukee-Waukesha, WI metro · population 6,508
to buy the typical home at today's mortgage rate — +$2,000 (+124%) since Jan 2020.
- 1 year
- Up $37,664 +6%
- $649,741$687,404 since Sep 2025
- 5 years
- Up $166,614 +32%
- $520,790$687,404 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 53122$3,608
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 53122 rose 5.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Elm Grove, WI — measured over the city limits, which is a different area from this zip.
Asking rent — 53122
Against the Milwaukee-Waukesha, WI metro and the national benchmark.
- 53122$3,420
- Milwaukee$1,546
- United States$1,930
Typical home value — 53122
Mid-tier homes, smoothed and seasonally adjusted.
- 53122$687,404
- Milwaukee$384,496
- United States$366,157
Within 20 miles
Showing 30 of 67 zips in range — sorting picks from all 67.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.2 | 53005 | Brookfield | 21,675 | $2,281 | $504,147 |
| 2.3 | 53226 | Milwaukee | 18,908 | $1,636 | $408,997 |
| 3.4 | 53045 | Brookfield | 23,329 | $2,173 | $545,992 |
| 3.5 | 53222 | Milwaukee | 24,663 | $1,404 | $264,103 |
| 4.0 | 53214 | Milwaukee | 34,480 | $1,476 | $257,454 |
| 4.2 | 53007 | Butler | 1,859 | — | $301,999 |
| 4.3 | 53227 | Milwaukee | 22,885 | $1,354 | $293,580 |
| 4.3 | 53213 | Milwaukee | 26,905 | $1,699 | $428,327 |
| 5.1 | 53225 | Milwaukee | 25,187 | $1,230 | $234,833 |
| 5.1 | 53151 | New Berlin | 32,824 | $1,895 | $452,393 |
| 5.9 | 53210 | Milwaukee | 23,922 | $1,206 | $166,796 |
| 6.0 | 53219 | Milwaukee | 34,764 | $1,371 | $269,511 |
| 6.0 | 53228 | Milwaukee | 15,121 | — | $356,504 |
| 6.1 | 53208 | Milwaukee | 27,201 | $1,302 | $232,029 |
| 6.1 | 53186 | Waukesha | 33,374 | $1,378 | $368,088 |
| 6.2 | 53216 | Milwaukee | 30,345 | $1,268 | $171,751 |
| 6.4 | 53146 | New Berlin | 7,285 | — | $444,586 |
| 6.6 | 53218 | Milwaukee | 41,196 | $1,301 | $165,910 |
| 7.2 | 53051 | Menomonee Falls | 39,559 | $1,621 | $436,827 |
| 7.5 | 53220 | Milwaukee | 27,782 | $1,690 | $297,415 |
| 7.6 | 53130 | Hales Corners | 7,712 | $1,586 | $401,566 |
| 7.7 | 53205 | Milwaukee | 9,265 | $1,521 | $154,900 |
| 7.8 | 53233 | Milwaukee | 14,497 | $1,106 | $186,877 |
| 7.9 | 53215 | Milwaukee | 58,146 | $1,072 | $221,399 |
| 8.0 | 53206 | Milwaukee | 19,887 | $994 | $92,447 |
| 8.1 | 53046 | Lannon | 1,482 | — | $522,335 |
| 8.3 | 53224 | Milwaukee | 21,223 | $1,398 | $242,243 |
| 8.4 | 53204 | Milwaukee | 39,996 | $1,503 | $159,038 |
| 8.6 | 53203 | Milwaukee | 2,357 | $1,602 | $383,218 |
| 8.8 | 53129 | Greendale | 14,570 | $1,072 | $382,877 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.