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 | $394,210 |
|---|---|
| 1-year change | +6.0% |
| 5-year change | +30.3% |
| Typical rent | $1,105 per month |
| Gross rent yield | +3.4% |
The typical home in Port Washington, Wisconsin is worth about $394,210 as of 2026-07-03, up 6.0% over the past year and up 30.3% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Port Washington is the least expensive way into Ozaukee County among tracked municipalities. Its typical home value of $394,210 as of April 30, 2026 ranks 8 of 8 in the county — $29,468 under the county median of $423,678 and $61,624 under the seven-county regional median of $455,834.
Being the county's price floor has not meant flat prices. Values are up 6% over the past year and 30.3% over five years, so the city has broadly kept pace with its county while remaining its most affordable tracked entry point.
One number stands apart from the others: typical rent is $1,105 per month, which is low relative to home values here and produces a gross rent yield of just 3.36%.
Every other tracked Ozaukee municipality prices above Port Washington, but not by much at the low end: Saukville is $412,788, Belgium $413,805, Fredonia $418,946, and Thiensville $423,678. The full spread from Port Washington to Thiensville is about $29,500 — a compressed ladder where the city holds the bottom rung.
The rent-to-value relationship is the market's most distinctive feature. At $1,105 typical rent against a $394,210 typical value, the 3.36% gross yield is well below, for example, Saukville's 4.65%. Read one way, owning is expensive relative to renting here; read another, tenants get comparatively more house per rent dollar than in neighboring markets.
ZIP 53074 shows a typical value of $384,678, about $9,500 under the citywide figure — a close enough match that ZIP-level data reasonably represents the city market.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53074 | $384,678 | +6.4% | — |
| Homes sold (arms-length, single-family) | 233 |
|---|---|
| Median sale price | $380,000 |
| Middle 50% of sales | $305,000 to $495,600 |
| Government-backed financing (FHA/VA/USDA) | 3% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 233 single-family homes sold in Port Washington, Wisconsin in arms-length transactions, at a median price of $380,000. Half of those sales fell between $305,000 and $495,600. 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 Port Washington is $394,210, while homes that actually changed hands had a median price of $380,000 — a difference of -3.6%. 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 weighing rent versus purchase face an unusual calculus in Port Washington: at $1,105 typical rent, renting is cheap relative to the $394,210 typical purchase price, so the case for buying rests more on the appreciation history — 30.3% over five years, 6% in the past year — than on monthly-cost savings. That history is not a guarantee of future gains. For the purchase itself, the city's 8-of-8 county rank means it captures Ozaukee buyers whose budgets fall short of Saukville, Belgium, or Fredonia.
Sellers hold the county's most accessible price point, which supports buyer traffic, and 6% one-year appreciation — roughly $22,000 on a typical home — supports current pricing. The 3.36% gross yield cuts the other way for one specific audience: investor buyers running income math will find the rent-to-price ratio thin, so owner-occupant demand is likely to be the stronger lane for most listings. A property-specific market analysis can sort out which buyer pool fits a given home.
Port Washington is a working harbor town: a marina and lighthouse downtown, charter fishing on Lake Michigan, and a main street that climbs from the water. Franklin Street's shops and the lakefront walkways carry the town's rhythm.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in Port Washington is $394,210 as of April 30, 2026. ZIP 53074 shows a typical value of $384,678.
Among tracked municipalities, yes — it ranks 8 of 8 by typical value, about $29,468 under the county median of $423,678. The next tracked step up is Saukville at $412,788.
The data shows a thin income profile: typical rent of $1,105 against a $394,210 typical value yields 3.36% gross — below nearby Saukville's 4.65%. That figure is before all expenses and does not predict future returns.
Values rose 6% over the past year and 30.3% over the past five years as of April 30, 2026. Past performance does not guarantee future results.
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 Port Washington and Milwaukee — a five-question checklist
Get a free Port Washington 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.