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 | $394,258 |
|---|---|
| 1-year change | +5.0% |
| 5-year change | +27.7% |
| Typical rent | $1,623 per month |
| Gross rent yield | +4.9% |
The typical home in Greendale, Wisconsin is worth about $394,258 as of 2026-07-03, up 5.0% over the past year and up 27.7% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Greendale is Milwaukee County's midpoint — literally. The village's typical home value of $394,258 as of April 30, 2026 matches the county median of $394,258 to the dollar, and it ranks 10 of 19 tracked county municipalities by typical value. If you want to know what the middle of the Milwaukee County market costs, Greendale is the answer.
Values rose 5% over the past year and 27.7% over five years. A typical Greendale home has gained roughly $85,000 in value since 2021.
Rent data rounds out the picture: typical rent is $1,623 per month, producing a gross rent yield of 4.94% against the typical home value — one of the more balanced rent-to-price relationships among tracked south-suburban markets.
The south and west Milwaukee County suburbs bracket Greendale tightly. Hales Corners ($413,244) and Oak Creek ($418,052) run about $19,000-$24,000 higher; Wauwatosa ($429,884) is about $35,600 higher; Glendale ($358,581) is about $35,700 lower. Greendale sits almost exactly in the middle of that spread, consistent with its median-matching county position.
The larger gap is regional. The seven-county Southeast Wisconsin median is $455,834 — $61,576 above Greendale's typical value. Milwaukee County pricing as a whole runs under the regional benchmark, and Greendale defines that county level precisely.
ZIP 53129 shows a typical value of $387,370, about $6,900 under the villagewide figure — close enough that ZIP-level searches track the village market well.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53129 | $387,370 | +5.6% | — |
| Homes sold (arms-length, single-family) | 163 |
|---|---|
| Median sale price | $365,000 |
| Middle 50% of sales | $306,000 to $435,000 |
| Government-backed financing (FHA/VA/USDA) | 3.7% |
| Seller-financed | 1.2% |
Over the 12 months ending June 2026, 163 single-family homes sold in Greendale, Wisconsin in arms-length transactions, at a median price of $365,000. Half of those sales fell between $306,000 and $435,000. 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 Greendale is $394,258, while homes that actually changed hands had a median price of $365,000 — a difference of -7.4%. 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.
Buyers can use Greendale as a benchmark market: at $394,258, paying the typical price here means paying exactly the Milwaukee County median, $61,576 under the regional median. The 5% one-year pace — roughly $19,000 on a typical home — is meaningful but not frantic, and the 4.94% gross rent yield gives renters a concrete rent-versus-buy comparison: $1,623 per month in rent against a $394,258 typical purchase.
Sellers benefit from sitting at the county's price center: the buyer pool at the median is, by definition, the deepest part of the market. With 27.7% five-year appreciation behind them, most longer-tenured owners have substantial equity, and nearby higher-priced markets (Hales Corners, Oak Creek, Wauwatosa) push value-seeking buyers toward Greendale listings. Pricing at the market rather than above it converts that depth into offers; no pricing strategy guarantees a particular outcome.
Greendale was laid out in the 1930s as one of the federal government's three Greenbelt demonstration towns, and its historic downtown along Broad Street — gazebo, storefronts, and original Greendale homes — is a National Historic Landmark district. County parkland nearly surrounds the village, with Scout Lake Park inside its borders and the Root River Parkway and Whitnall Park along its edges. Southridge Mall anchors the 76th Street retail corridor on the village's east side.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in Greendale is $394,258 as of April 30, 2026 — identical to the Milwaukee County median. ZIP 53129 shows a typical value of $387,370.
Yes. Greendale ($394,258) is about $35,626 below Wauwatosa ($429,884) and about $23,794 below Oak Creek ($418,052). Glendale ($358,581) is the lower-priced nearby option.
Typical rent of $1,623 per month against the $394,258 typical home value works out to a 4.94% gross yield — before taxes, insurance, maintenance, and vacancy, and with no guarantee of future performance.
Values rose 5% over the past year and 27.7% over the past five years as of April 30, 2026. Past appreciation does not guarantee future results.
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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 Greendale and Milwaukee — a five-question checklist
Get a free Greendale 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.