The story of this market
The typical home in ZIP 53005 sells for about $533,345, or $235 per square foot.
Prices are up +4.9% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,875 a month.
ZIP 53005 — Brookfield
The Brookfield 53005 housing market remains robust, characterized by steady price appreciation and high demand for single-family homes. Low inventory levels continue to drive competition, keeping the market in a seller-favorable position despite broader economic headwinds.
This ZIP is ideal for established families seeking top-tier schools, professionals commuting to Milwaukee, and downsizers looking for high-quality suburban amenities and stable property values.
Median prices moved up 4.9% year over year.
Homes spend a median of 28 days on market with 2.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 2.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 53005, Waukesha County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Brookfield generally reports low crime rates compared to regional averages, with property crime being the primary concern. The area is considered safe and maintains a stable trend in public safety metrics.
The area is served by highly-rated public schools within the Elmbrook School District, which is consistently recognized for academic excellence and strong college readiness metrics.
The region faces moderate risks from severe thunderstorms and occasional winter weather impacts, with standard flood-plain management in place for low-lying areas near local creeks.
Brookfield serves as a major commercial and retail hub for Waukesha County, featuring significant corporate office presence and ongoing mixed-use redevelopment along the Bluemound Road corridor.
Property taxes are assessed at the municipal and county level, with the majority of the tax burden driven by local school district levies; Wisconsin does not have a state-level property tax.
Residents benefit from direct access to I-94, providing a straightforward commute to downtown Milwaukee, typically ranging from 20 to 30 minutes depending on traffic.
The ZIP features extensive park systems including Wirth Park and Mitchell Park, with proximity to the Fox River trail network and major shopping at Brookfield Square.
The rental market is characterized by high demand and low vacancy rates, driven by the area's strong school district and proximity to major employment centers.
The economy is anchored by healthcare, professional services, and retail, with major employers including Fiserv and various regional corporate headquarters.
The area is primarily car-dependent, with I-94 serving as the primary artery for regional transit and commuting.
Ongoing redevelopment of aging commercial sites into high-density residential and mixed-use projects is the primary focus of local planning.
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Parcels are subject to Elmbrook School District taxes and various municipal utility districts for water and sewer services.
Property insurance premiums are stable, though the area is subject to standard regional adjustments for wind and hail coverage.
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Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Slick City Action Park4.42.7 mi
- Jellystone Park™ Caledonia4.318.9 mi
- Urban Air Trampoline and Adventure Park4.44.6 mi
- Dave & Buster's Wauwatosa3.92.8 mi
- Round1 Bowling & Arcade - Greendale3.89.7 mi
- American Family Field4.77.1 mi
- Fiserv Forum4.79.4 mi
- Milwaukee Public Market4.710 mi
- Wisconsin State Fair Park4.55.6 mi
- Baird Center4.59.5 mi
- Milwaukee County Zoo4.64.1 mi
- Harley-Davidson Museum®4.79.7 mi
- Milwaukee Art Museum4.810.5 mi
- Mitchell Park Domes Horticulture Conservatory4.78.4 mi
- Lakefront Brewery4.69.9 mi
- Harley-Davidson Museum®4.79.7 mi
- Milwaukee Art Museum4.810.5 mi
- Milwaukee Public Museum4.89.3 mi
- Discovery World4.610.6 mi
- Miller High Life Theatre®4.59.4 mi
- Mitchell Park Domes Horticulture Conservatory4.78.4 mi
- Boerner Botanical Gardens4.710 mi
- Friends of Firefly Grove Park4.92.5 mi
- Bradford Beach4.611.4 mi
- Schlitz Audubon Nature Center4.813 mi
- South Shore Yacht Club4.612.1 mi
- McKinley Marina Central Docks4.610.8 mi
- Milwaukee Yacht Club4.510.9 mi
- South Milwaukee Yacht Club4.517.3 mi
- CenterPointe Marine Milwaukee4.410.4 mi
- Ironwood Golf Course4.610.2 mi
- Western Lakes Golf Club & Event Venue4.311.2 mi
- Brown Deer Park Golf Course4.59.5 mi
- Wanaki Golf Course4.44.4 mi
- Dretzka Park Golf Course4.47 mi
- Mayfair4.22.8 mi
- Milwaukee Public Market4.710 mi
- Southridge Mall4.19.8 mi
- 3rd St. Market Hall4.59.6 mi
- Bayshore4.210 mi
- Milwaukee Mitchell International Airport4.513.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large community park with aquatic center and sports fields.
Major regional shopping mall and dining destination.
Features walking trails and recreational facilities.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).