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 | $445,177 |
|---|---|
| 1-year change | +3.7% |
| 5-year change | +31.4% |
| Typical rent | $1,750 per month |
| Gross rent yield | +4.7% |
The typical home in Waterford, Wisconsin is worth about $445,177 as of 2026-07-03, up 3.7% over the past year and up 31.4% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Waterford carries a top-five price tag in Racine County — 5 of 14 municipalities by typical value — and it is a market where the rent data supports a yield calculation. Typical home value: $445,177 as of April 30, 2026. Typical rent: $1,750 a month.
That combination — a roughly $25,800 premium over the $419,415 county median plus a 4.72% gross rent yield — makes Waterford legible to owner-occupants and investors alike.
Values are up 3.7% in a year and 31.4% over five. The recent pace has cooled relative to the five-year average, but it has not turned negative.
Against its county, Waterford prices at $445,177 versus a $419,415 median — about 6.1% above, good for 5th of 14 municipalities. The peer set is wide: Caledonia ($392,064) and Rochester ($419,415) price below Waterford, Wind Point ($429,912) sits just under it, and Dover town ($490,873) tops it by roughly $45,700.
The rental math: $1,750 a month is $21,000 a year, which equals 4.72% of the typical home value. That is a gross screening number, not a net return — property taxes, insurance, and maintenance all come out of it.
ZIP 53185, the ZIP covering Waterford in this dataset, shows a typical value of $448,151 — slightly above the village-wide figure.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53185 | $448,151 | +4.1% | — |
| Homes sold (arms-length, single-family) | 143 |
|---|---|
| Median sale price | $399,000 |
| Middle 50% of sales | $286,500 to $480,000 |
| Government-backed financing (FHA/VA/USDA) | 3.5% |
| Seller-financed | 0.7% |
Over the 12 months ending June 2026, 143 single-family homes sold in Waterford, Wisconsin in arms-length transactions, at a median price of $399,000. Half of those sales fell between $286,500 and $480,000. 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 Waterford is $445,177, while homes that actually changed hands had a median price of $399,000 — a difference of -10.4%. 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 in Waterford pay a county premium of about $25,800 over the Racine County median, so it is worth knowing the alternatives: Rochester's typical value matches the county median at $419,415, and Caledonia comes in around $53,000 less than Waterford. The 3.7% one-year pace also means values moved less over the past year than the five-year trend would suggest, which can allow a more deliberate search.
Sellers are sitting on a market up 31.4% in five years, but the recent 3.7% annual pace argues for pricing at current comparables rather than extrapolating the longer run. For owners weighing sale versus lease, the $1,750 typical rent and 4.72% gross yield give a concrete starting point for that comparison. None of these figures guarantees a specific outcome for any individual property.
Waterford's downtown lines Main Street where Highways 20, 36, and 83 meet the Fox River, and the river widens above the dam into a stretch popular with boaters. Ten Club Park sits on the riverbank near downtown, and the paved Seven Waters Trail hugs the Fox River shoreline as it passes through the village.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value is $445,177 as of April 30, 2026. ZIP 53185 shows a slightly higher $448,151.
Typical rent is $1,750 a month, which works out to a 4.72% gross yield against the typical home value — before taxes, insurance, and maintenance.
3.7% over the past year and 31.4% over five years, through April 2026. Past appreciation does not guarantee future results.
Yes — about $25,800 above the $419,415 county median, ranking 5 of 14 municipalities by typical value.
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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 Waterford 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.