Elkhorn, Wisconsin housing market

City in Walworth County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.

Elkhorn housing market at a glance (as of 2026-07-03)

Typical home value$348,465
1-year change+2.5%
5-year change+29.6%
Typical rentnot published

The typical home in Elkhorn, Wisconsin is worth about $348,465 as of 2026-07-03, up 2.5% over the past year and up 29.6% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.

A typical home in Elkhorn costs $348,465 — about $97,600 less than the Walworth County median of $446,069. That 22% gap is the defining feature of this market: Elkhorn is a below-median price point inside a county whose median runs close to the seven-county regional figure of $455,834.

Growth here has been moderate rather than hot. Values rose 2.5% over the past year and 29.6% over five years through April 30, 2026 — steady accumulation, not a spike.

Elkhorn ranks 16th of 21 Walworth County municipalities by typical value and sits in a remarkably tight cluster with its neighbors: Whitewater ($346,189) and Darien ($346,181) are both within $2,300 of it.

The Elkhorn market in detail

Elkhorn's 16-of-21 county rank places it in Walworth County's lower third by price. The discount is meaningful in dollars: roughly $97,600 versus the county median and about $107,000 versus the regional median. For a search anchored to Walworth County, Elkhorn is one of the lower-cost municipal markets available.

The five-year gain of 29.6% works out to steady annual appreciation, and the most recent year's 2.5% continues that measured pace. This is a slower recent clip than some area markets have posted, which cuts both ways — less repricing pressure on buyers, less windfall for sellers. Historical gains do not guarantee future performance.

Price-wise, Elkhorn, Whitewater, and Darien are functionally the same market on paper — all three within $2,300 of each other. Delavan runs about $12,000 lower at $336,413, and Genoa City lower still at $312,670.

What actually sold in Elkhorn (12 months ending June 2026)

Homes sold (arms-length, single-family)140
Median sale price$328,750
Middle 50% of sales$268,329 to $381,250
Government-backed financing (FHA/VA/USDA)4.3%
Seller-financed0%

Over the 12 months ending June 2026, 140 single-family homes sold in Elkhorn, Wisconsin in arms-length transactions, at a median price of $328,750. Half of those sales fell between $268,329 and $381,250. 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 Elkhorn is $348,465, while homes that actually changed hands had a median price of $328,750 — a difference of -5.7%. 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.

Buying and selling in Elkhorn

Buyers cross-shopping Walworth County should treat Elkhorn, Whitewater, and Darien as one price band — the typical values differ by less than 1%. What separates them in a given month is inventory, not market level. With one-year growth at 2.5%, Elkhorn has not been repricing quickly, which gives a deliberate buyer some breathing room compared to markets appreciating at twice that rate. That is an observation about recent data, not a forecast.

Sellers in Elkhorn are pricing against near-identical neighboring markets, so a list price even modestly above the data invites buyers to simply look one town over. The 29.6% five-year gain means longer-tenured owners have equity to work with. Positioning at or near the $348,465 typical value — adjusted for the specific property — is the defensible starting point. Results vary by property and timing, and no outcome is guaranteed.

Life in Elkhorn

Elkhorn, the Walworth County seat, keeps a classic courthouse-square downtown and a fairgrounds that stays busy with markets, concerts, and shows well beyond fair week.

Annual events and festivities in Elkhorn

Walworth County Fair — Labor Day week
Wisconsin's largest county fair, running since the 1800s at the Elkhorn fairgrounds — livestock, grandstand concerts, and classic fair food.

Dates and details change year to year — check each event’s organizers for current schedules.

Elkhorn housing market: common questions

How much is a house in Elkhorn, WI?

The typical home value in Elkhorn is $348,465 as of April 30, 2026 — about 22% below the Walworth County median of $446,069.

How fast are Elkhorn home values rising?

Values rose 2.5% over the past year and 29.6% over the past five years through April 2026. Past appreciation does not guarantee future results.

Is Elkhorn one of the cheaper markets in Walworth County?

It ranks 16th of 21 Walworth County municipalities by typical value, putting it in the county's lower third on price.

Elkhorn vs. Delavan — which has lower home prices?

Delavan. Its typical value is $336,413 versus Elkhorn's $348,465 — a difference of about $12,000 as of April 2026.

More Walworth County area guides

All Southeast Wisconsin area guides

Elkhorn real estate agent: talk to Kinan Sawar, MD

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 Elkhorn and Milwaukee — a five-question checklist

Get a free Elkhorn 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.