Village in Milwaukee County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $295,131 |
|---|---|
| 1-year change | +2.4% |
| 5-year change | +30.4% |
| Typical rent | $1,569 per month |
| Gross rent yield | +6.4% |
The typical home in Brown Deer, Wisconsin is worth about $295,131 as of 2026-07-03, up 2.4% over the past year and up 30.4% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
A 6.38% gross rent yield is Brown Deer's defining statistic — among the stronger figures in this corner of the Milwaukee County data. Typical rent of $1,569 per month against a typical home value of $295,131 produces roughly $18,800 in annual rent per typical home, before expenses.
That rent figure is notable on its own. At $1,569, Brown Deer's typical rent runs notably high for its price point — South Milwaukee, with a higher typical home value of $310,121, shows typical rent of $1,260. High rent against a sub-$300K price is what drives the yield.
On the ownership side, the village's typical value of $295,131 ranks 14th of 19 Milwaukee County municipalities, $99,127 below the county median of $394,258. Values rose 2.4% in the past year and 30.4% over five years, with rents up 3% year over year.
Brown Deer trades in a tight price cluster with Cudahy ($292,625) and St. Francis ($292,464) — all three within $2,700 of each other — with South Milwaukee ($310,121) above and West Allis ($278,519) below. What separates Brown Deer inside that cluster is not price; it is the rental economics.
The growth picture is two-speed. Five-year appreciation of 30.4% is solid — roughly $69,000 added to a home tracking the typical value since 2021 — but the one-year figure of 2.4% is modest against the village's own five-year pace. Rent growth of 3% modestly outpaced price growth over the same year. None of these figures guarantees what comes next.
Against the seven-county regional median of $455,834, Brown Deer's discount is $160,703 — among the larger regional gaps for a Milwaukee County suburb in this data.
| Homes sold (arms-length, single-family) | 191 |
|---|---|
| Median sale price | $280,000 |
| Middle 50% of sales | $172,500 to $335,000 |
| Government-backed financing (FHA/VA/USDA) | 3.7% |
| Seller-financed | 0.5% |
Over the 12 months ending June 2026, 191 single-family homes sold in Brown Deer, Wisconsin in arms-length transactions, at a median price of $280,000. Half of those sales fell between $172,500 and $335,000. 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 Brown Deer is $295,131, while homes that actually changed hands had a median price of $280,000 — a difference of -5.1%. 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: the rent-versus-own comparison tilts unusually hard toward owning here. Typical rent of $1,569 per month annualizes to about $18,800 — 6.38% of the typical purchase price of $295,131. For investors, that same math is the draw: this is one of the stronger gross yields among the nearby markets in this data, though gross yield excludes taxes, insurance, and maintenance, and current figures do not guarantee future returns. The slower 2.4% price appreciation also means less buyer urgency than in faster-moving markets.
For sellers: lead with the equity story, not the momentum story. Five-year growth of 30.4% supports strong gains for owners who bought before 2021, but the 2.4% one-year pace means aggressive pricing above recent comps has less support here than in markets appreciating at 5-7%. The village's rental strength cuts in your favor with one buyer segment: at a 6.38% gross yield, investor demand has a concrete reason to include Brown Deer listings in its search.
Brown Deer sits at the northwest corner of Milwaukee County, with Village Park and Pond beside Village Hall serving as the setting for markets and outdoor events. The Oak Leaf Trail passes through the village, and Milwaukee County's Brown Deer Park — golf course, lagoon, and picnic groves — sits at its southern edge off Green Bay Road. The Original Village district along North Green Bay Road preserves the community's 19th-century crossroads settlement.
Dates and details change year to year — check each event’s organizers for current schedules.
As of April 30, 2026, the typical home value in Brown Deer is $295,131 — up 2.4% over the past year and 30.4% over five years.
Typical rent in Brown Deer is $1,569 per month, up 3% over the past year.
The data shows a gross rent yield of 6.38% — typical rent of $1,569 per month against a typical home value of $295,131. That is among the higher gross yields across nearby comparison markets in this data. Gross yield is before operating expenses and does not guarantee future returns.
Yes. Brown Deer's typical value of $295,131 is $99,127 below the county median of $394,258, ranking 14th of 19 municipalities.
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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 Brown Deer and Milwaukee — a five-question checklist
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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.