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 | $413,244 |
|---|---|
| 1-year change | +8.8% |
| 5-year change | +34.3% |
| Typical rent | $1,363 per month |
| Gross rent yield | +4.0% |
The typical home in Hales Corners, Wisconsin is worth about $413,244 as of 2026-07-03, up 8.8% over the past year and up 34.3% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
No number in Hales Corners stands out more than 8.8%. That is how much the village's typical home value rose over the past year, reaching $413,244 as of April 2026 — a one-year pace that outruns its own five-year average, since the cumulative five-year gain is 34.3%.
The village prices about $19,000 above the Milwaukee County median of $394,258, ranking 9th of 19 municipalities in the county, while sitting roughly $42,600 under the seven-county region median of $455,834. Typical rent is $1,363 a month, producing a 3.96% gross rent yield.
Hales Corners occupies the middle of Milwaukee County's southwest-suburban price ladder: below Franklin ($444,932), Wauwatosa ($429,884), and Oak Creek ($418,052), and above Greendale, which sits at the county median of $394,258. The gap to Oak Creek is under $5,000 — those two markets are priced nearly on top of each other.
ZIP 53130 mirrors the village at a $408,921 typical value, with a $1,195 typical rent that runs below the villagewide $1,363.
The 8.8% one-year gain is the sharpest fact in the data. Five years of 34.3% growth averages out to well under that pace per year, so the most recent twelve months represent an acceleration, not a continuation. Whether it persists is not something the data can say. On the income side, the 3.96% gross yield — before taxes, insurance, and upkeep — is the relevant benchmark for anyone weighing renting the property out.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53130 | $408,921 | +9.5% | $1,195/mo |
| Homes sold (arms-length, single-family) | 67 |
|---|---|
| Median sale price | $410,000 |
| Middle 50% of sales | $351,050 to $501,250 |
| Government-backed financing (FHA/VA/USDA) | 3% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 67 single-family homes sold in Hales Corners, Wisconsin in arms-length transactions, at a median price of $410,000. Half of those sales fell between $351,050 and $501,250. 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 Hales Corners is $413,244, while homes that actually changed hands had a median price of $410,000 — a difference of -0.8%. 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: an 8.8% single-year rise means list prices here reflect a market that moved fast recently — offers benchmarked to sales from a year ago will trail the current data by nearly nine percent. Greendale, at the $394,258 county median, is the closest lower-priced alternative in the peer set, about $19,000 under Hales Corners. Recent acceleration is a historical fact, not a prediction of what comes next.
Sellers: the data favors current comps and confident pricing — the village's typical value grew 8.8% in twelve months, faster than its five-year average pace. With Oak Creek priced within $5,000, cross-shopping between the two markets is likely, and the ZIP 53130 figure of $408,921 is the tightest benchmark for most village listings. Strong recent growth supports a listing strategy; it does not guarantee any particular sale outcome.
Hales Corners grew up around the junction of Janesville Road and Highway 100, which remains its main commercial strip. Whitnall Park — one of Milwaukee County's largest parks — covers much of the village's southern reach with a golf course, trails, and the Boerner Botanical Gardens, while Hales Corners Park adds a public pool, ball fields, and a seasonal farmers market. US-45 and I-43 meet nearby, connecting the village to the rest of the metro area.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value rose 8.8% over the past year — faster than the pace implied by the 34.3% five-year gain — reaching $413,244 as of April 2026. Past growth does not guarantee future results.
As of April 2026, the typical home value is $413,244 in the village and $408,921 in ZIP 53130. That is about $19,000 above the Milwaukee County median of $394,258.
Typical rent is $1,363 a month villagewide and $1,195 in ZIP 53130. Against the typical home value, villagewide rent works out to a 3.96% gross yield, before taxes and expenses.
It sits between them, closer to Oak Creek. Hales Corners ($413,244) is about $4,800 under Oak Creek ($418,052) and about $19,000 over Greendale ($394,258).
All Southeast Wisconsin area guides
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 Hales Corners and Milwaukee — a five-question checklist
Get a free Hales Corners 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.