The story of this market
The typical home in ZIP 53018 sells for about $729,900, or $245 per square foot.
Prices are up +19.6% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,584 a month.
ZIP 53018 — Delafield
The housing market in 53018 remains highly competitive, characterized by strong price appreciation and low inventory levels. Demand is driven by the area's high quality of life and proximity to major employment hubs, though some metrics like sales count are limited by the current supply constraints.
This ZIP is ideal for affluent families and professionals seeking a high quality of life, top-tier schools, and a suburban-lakeside lifestyle with convenient highway access to Milwaukee.
Median prices moved up 19.6% year over year.
Homes spend a median of 42 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.1% · poverty 3.7% — 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 7.0%/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 4.3%/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 53018, 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.
Delafield maintains a low crime rate compared to regional and national averages, with property crime being the primary concern. Local law enforcement reports stable trends in public safety.
The area is served by highly-rated public schools within the Kettle Moraine and Arrowhead Union High School districts, known for strong academic performance and extracurricular programs.
The region faces moderate risks from severe thunderstorms and winter weather, with localized flood risks near the Bark River and Nagawicka Lake areas.
Economic momentum is driven by its status as a desirable residential suburb with proximity to the Milwaukee metro area, featuring steady commercial development along the I-94 corridor.
Property taxes are assessed at the municipal and county levels, with additional levies for school districts and technical colleges; Wisconsin does not have a state-level property tax.
Residents primarily commute by car, with I-94 providing direct access to Milwaukee and Waukesha employment hubs; public transit options are extremely limited.
The area is rich in outdoor amenities, including Nagawicka Lake, Lapham Peak State Park, and numerous golf courses, alongside a historic downtown shopping and dining district.
The rental market is tight with limited inventory, primarily consisting of single-family home rentals and upscale apartment complexes; demand is driven by professionals and families.
The local economy is supported by a mix of professional services, healthcare, and retail, with many residents commuting to the broader Milwaukee-Waukesha metropolitan area.
Transportation is heavily reliant on private vehicles; the area is served by the I-94 corridor, which acts as the primary artery for regional connectivity.
Development is focused on maintaining the community's suburban character while allowing for controlled growth in commercial and residential sectors.
Waukesha County utilizes a market-value assessment system, with properties reassessed periodically to reflect current market conditions.
Parcels are subject to school district, technical college, and county-level special district taxes for services like emergency management and public works.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure, with standard coverage widely available.
Wisconsin has experienced modest net domestic migration, with suburban areas like Delafield attracting families from the Milwaukee urban core.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically provides a redemption period for homeowners.
Sellers are required to provide a Real Estate Condition Report disclosing known material defects in the property at the time of sale.
Data retrieved from data.census.gov ZCTA 53018 profile.
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 Park4.417 mi
- Urban Air Trampoline and Adventure Park4.410.9 mi
- Dave & Buster's Wauwatosa3.917.4 mi
- K1 Speed Milwaukee4.49.4 mi
- Springs Water Park4.25.9 mi
- Wisconsin State Fair Park4.519.1 mi
- Boerner Botanical Gardens4.719.5 mi
- New Berlin Ale House4.414.3 mi
- Slick City Action Park4.417 mi
- Basse's Farms4.514.6 mi
- Marcus Majestic Cinema4.510.5 mi
- Kettle Moraine State Forest - Lapham Peak Unit4.80.3 mi
- Urban Air Trampoline and Adventure Park4.410.9 mi
- Old World Wisconsin4.712.4 mi
- K1 Speed Milwaukee4.49.4 mi
- Old World Wisconsin4.712.4 mi
- Sharon Lynne Wilson Center for the Arts4.812.1 mi
- Kids in Motion4.415.4 mi
- East Troy Railroad Museum4.717.2 mi
- Wisconsin Automotive Museum4.819.5 mi
- Kettle Moraine State Forest - Lapham Peak Unit4.80.3 mi
- Retzer Nature Center4.84.4 mi
- Brookfield Sports Complex4.312.9 mi
- Fox Brook Park4.611.5 mi
- Minooka Park4.710.5 mi
- Nagawicka Lake Yacht Club4.52 mi
- Broadlands Golf Club4.17.3 mi
- Ironwood Golf Course4.68.5 mi
- The Club at Lac La Belle4.79.9 mi
- Western Lakes Golf Club & Event Venue4.33.8 mi
- Wanaki Golf Course4.412.2 mi
- Meijer4.39.1 mi
- The Corners of Brookfield4.411.6 mi
- Fleet Farm4.44.4 mi
- Blain's Farm & Fleet4.410.7 mi
- Meijer4.39.4 mi
- Milwaukee Mitchell International Airport4.525.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major recreational lake offering boating, fishing, and public beach access.
Features hiking, cross-country skiing, and an observation tower with panoramic views.
Historic district with boutique shops, restaurants, and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.