Village in Racine County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $353,052 |
|---|---|
| 1-year change | +6.7% |
| 5-year change | +42.6% |
| Typical rent | not published |
The typical home in Elmwood Park, Wisconsin is worth about $353,052 as of 2026-07-03, up 6.7% over the past year and up 42.6% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Elmwood Park's headline number is growth. The typical home value in this small Racine County village reached $353,052 as of April 30, 2026 — a 42.6% climb over five years, with 6.7% of that added in the last twelve months alone. Both figures point the same direction: demand here has been strong and recent.
Even after that run, Elmwood Park prices below its own county. It ranks 10th of 14 Racine County municipalities by typical value, about $66,000 under the county median of $419,415.
Zoom out to the seven-county Milwaukee region and the gap widens. The regional median sits at $455,834 — roughly $103,000 above a typical Elmwood Park home. Fast growth from a below-median base is the story this market tells.
At $353,052, a typical Elmwood Park home costs about 16% less than the Racine County median and about 23% less than the seven-county regional median. The village's 10-of-14 county rank puts it in the lower half of Racine County by price, with only four municipalities below it.
The trajectory is what separates Elmwood Park from its neighbors. A 42.6% five-year gain is a large move, and the most recent year's 6.7% shows the pace had not cooled as of the April 2026 data. Past appreciation does not guarantee future results, but the recent trend has been clearly upward.
Elmwood Park trades in a tight band with nearby markets: Mount Pleasant at $348,334, Union Grove at $339,064, and Burlington at $363,491 all sit within about $14,000 of it, while Caledonia runs higher at $392,064.
| Homes sold (arms-length, single-family) | 13 |
|---|---|
| Median sale price | $420,000 |
| Middle 50% of sales | $325,000 to $450,000 |
| Government-backed financing (FHA/VA/USDA) | 7.7% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 13 single-family homes sold in Elmwood Park, Wisconsin in arms-length transactions, at a median price of $420,000. Half of those sales fell between $325,000 and $450,000. 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.
Small sample: fewer than 30 recorded sales in Elmwood Park during this window, so these figures move a lot year to year.
Zillow’s typical-home-value estimate for Elmwood Park is $353,052, while homes that actually changed hands had a median price of $420,000 — a difference of +19%. 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, Elmwood Park offers a Racine County entry point below the county median — but the 6.7% one-year gain means the price of waiting has been real in the recent data. Comparing the village against Mount Pleasant and Union Grove, which price within about $14,000, gives you a concrete cross-shopping band. Getting pre-approved before touring keeps you ready to move when something fits.
For sellers, the 42.6% five-year appreciation means many owners are sitting on substantial paper gains. Pricing still matters: with several nearby markets clustered near the same value, buyers can and do compare. A list price anchored to current village-level data — not to what a neighbor asked last spring — is the data-driven play. Recent gains are history, not a promise of what the next buyer will pay.
Elmwood Park is one of Racine County's smallest incorporated villages — a few quiet residential blocks tucked between the city of Racine and Mount Pleasant off Taylor Avenue. The village hall and Taylor complex serve as the community's gathering spot, and Lake Michigan's shoreline, downtown Racine, and the Highway 31 and 32 corridors are all a short drive away.
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 Elmwood Park (a village in Racine County) is $353,052. That is about $66,000 below the Racine County median of $419,415.
The typical home value rose 6.7% over the past year and 42.6% over the past five years, per data through April 30, 2026. Past appreciation does not guarantee future results.
By typical home value, yes — Elmwood Park ranks 10th of 14 Racine County municipalities and sits roughly 16% below the county median of $419,415.
Elmwood Park's typical value of $353,052 is about $4,700 above Mount Pleasant ($348,334) and about $39,000 below Caledonia ($392,064), based on April 2026 data.
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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 Elmwood Park 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.