City in Ozaukee County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $664,451 |
|---|---|
| 1-year change | +4.8% |
| 5-year change | +16.5% |
| Typical rent | not published |
The typical home in Mequon, Wisconsin is worth about $664,451 as of 2026-07-03, up 4.8% over the past year and up 16.5% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Mequon holds the top spot in Ozaukee County. The typical home value here is $664,451 as of April 30, 2026 — first among the county's eight municipalities and roughly $240,000 above the county median of $423,678. The nearest peer by value, the city of Cedarburg, sits about $96,600 lower at $567,868.
Appreciation has been steady rather than fast. Values rose 4.8% over the past year and 16.5% over five years. Mequon's premium comes from its established price level more than from a recent run-up.
Against the broader seven-county Milwaukee region, where the median municipality value is $455,834, Mequon carries a premium of about 46%. That places it well above the typical Southeast Wisconsin municipality.
Mequon ranks 1 of 8 Ozaukee County municipalities by typical value. The gap to the county median — $664,451 versus $423,678 — works out to about 57%. Peer values underline the spread: Cedarburg at $567,868, Grafton at $462,431, Thiensville at $423,678, and Fredonia at $418,946.
The city's two ZIP codes price differently. ZIP 53097 shows a typical value of $678,456, while 53092 comes in at $600,154 — a spread of about $78,000. Where a home sits within Mequon can move the number almost as much as the citywide figure suggests.
On trajectory: the past year's 4.8% gain ran slightly ahead of the five-year average pace (16.5% total, or roughly 3% per year compounded). The pattern in this data is gradual gains at a high base. Past appreciation does not guarantee future results.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53097 | $678,456 | +4.9% | — |
| 53092 | $600,154 | +4.8% | — |
| Homes sold (arms-length, single-family) | 428 |
|---|---|
| Median sale price | $575,000 |
| Middle 50% of sales | $410,000 to $853,250 |
| Government-backed financing (FHA/VA/USDA) | 0.5% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 428 single-family homes sold in Mequon, Wisconsin in arms-length transactions, at a median price of $575,000. Half of those sales fell between $410,000 and $853,250. 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 Mequon is $664,451, while homes that actually changed hands had a median price of $575,000 — a difference of -13.5%. 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 practical takeaway is the ZIP-level spread. A budget that is stretched thin at the 53097 typical value of $678,456 has more room in 53092, where the typical value is $600,154. Buyers should also weigh Mequon against Cedarburg ($567,868) and Grafton ($462,431) — the price steps between these Ozaukee markets are large and well defined in the data.
For sellers, a market that tops its county by this wide a margin demands precise pricing. The 57% premium over the county median is supported by the numbers, but the 4.8% one-year gain is measured, not runaway — overpricing on the assumption of rapid appreciation is not supported by this data. Comps drawn from the correct ZIP matter here, given the $78,000 gap between 53097 and 53092.
Mequon trades density for space — large lots, the Milwaukee River and Mequon Nature Preserve's trails, golf at town courses, and the Mequon Public Market giving the Town Center a year-round food hall. Concordia University's bluff campus overlooks Lake Michigan on the city's east edge.
As of April 30, 2026, the typical home value in Mequon is $664,451. By ZIP code, 53097 runs higher at $678,456 and 53092 lower at $600,154.
By typical home value in this data, yes — Mequon ranks 1 of 8 Ozaukee County municipalities at $664,451, about 57% above the county median of $423,678.
Values rose 4.8% over the past year and 16.5% over the past five years as of April 30, 2026. Past growth does not guarantee future results.
Yes, in this data. Mequon's typical value of $664,451 is about $96,600 higher than the city of Cedarburg's $567,868.
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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 Mequon 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.