City in Waukesha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $533,345 |
|---|---|
| 1-year change | +4.9% |
| 5-year change | +33.6% |
| Typical rent | $2,057 per month |
| Gross rent yield | +4.6% |
The typical home in Brookfield, Wisconsin is worth about $533,345 as of 2026-07-03, up 4.9% over the past year and up 33.6% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Brookfield is one of Waukesha County's premium markets: the typical home is worth about $533,000 — roughly $78,000 above the typical Southeast Wisconsin municipality and comfortably above most of the county.
It's also still climbing. Values rose 4.9% over the past year — faster than the region's larger cities — and are up 33.6% over five years, meaning a typical Brookfield home gained well over $130,000 since 2021.
The rental side is substantial for a suburb of this price point: typical asking rent is about $2,057 a month, up 1.5% over the past year. That works out to a gross rent yield near 4.6% — modest by investor standards, which is common in higher-value suburbs where appreciation, not cash flow, carries the return.
Put together, the data describes a market that holds its value and keeps compounding: high base price, above-average one-year growth, and a five-year trajectory in line with the region's strongest suburbs.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53045 | $545,542 | +4.9% | $2,096/mo |
| 53005 | $505,765 | +5.0% | $2,062/mo |
| Homes sold (arms-length, single-family) | 635 |
|---|---|
| Median sale price | $500,000 |
| Middle 50% of sales | $395,500 to $661,000 |
| Government-backed financing (FHA/VA/USDA) | 0.5% |
| Seller-financed | 0.2% |
Over the 12 months ending June 2026, 635 single-family homes sold in Brookfield, Wisconsin in arms-length transactions, at a median price of $500,000. Half of those sales fell between $395,500 and $661,000. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.
Zillow’s typical-home-value estimate for Brookfield is $533,345, while homes that actually changed hands had a median price of $500,000 — a difference of -6.3%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.
For buyers: at these prices, small differences in rate and negotiation matter enormously — a data-backed offer strategy can be worth tens of thousands. Knowing how a specific listing compares to Brookfield's typical value is the starting point.
For sellers: the 4.9% one-year gain suggests demand remains firm. Pricing against current comparables — not last year's — is what captures it. A free valuation grounds that decision in the numbers.
Brookfield spreads across the Bluemound Road corridor, where Brookfield Square and a long run of retail and restaurants sit just off I-94. North of the commercial strip, subdivisions wrap around city parks like Mitchell Park, home to the Sharon Lynne Wilson Center for the Arts, and the upper Fox River winds through the middle of the city. Both Capitol Drive and the interstate carry the commute east into Milwaukee.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in Brookfield is about $533,000 (Zillow, latest month). Individual homes vary widely by size, condition, and street — a personal valuation narrows it to your property.
Yes — typical values rose about 4.9% over the past twelve months and 33.6% over the past five years.
Yes, relative to the regional median (about $456,000): Brookfield's typical value of roughly $533,000 places it among the higher-priced municipalities in the seven-county region, though below villages like Elm Grove and Oconomowoc Lake.
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Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.
How to choose a real estate agent in Brookfield and Milwaukee — a five-question checklist
Get a free Brookfield home valuation · Contact Kinan Sawar
Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.