The story of this market
The typical home in ZIP 53021 sells for about $460,000, or $168 per square foot.
Prices are down 15.9% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,005 a month.
ZIP 53021 — Fredonia
The 53021 housing market is currently experiencing a price correction following a period of rapid appreciation, with median prices settling around $325,000. Inventory remains tight, keeping the market balanced despite the year-over-year decline in median price. Buyers are showing continued interest in the area's rural-suburban lifestyle, though higher interest rates have tempered overall transaction volume.
This ZIP is ideal for families and commuters seeking a quiet, rural-suburban environment with access to Milwaukee, while offering more affordable housing options than the immediate inner-ring suburbs.
Median prices moved down 15.9% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% 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 5.6% · poverty 7.8% — 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 4.7%/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 4.5%/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 53021, Ozaukee 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.
Crime rates in the Fredonia area are generally low, consistent with rural Ozaukee County trends and significantly below national averages.
Schools serving the area are part of the Northern Ozaukee School District, which generally maintains favorable performance ratings within the state.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather; flood risk is localized to specific low-lying areas near the Milwaukee River.
Economic momentum is driven by proximity to the Milwaukee metro area and local manufacturing and agricultural sectors in Ozaukee County.
Property taxes are levied by Ozaukee County, the Village of Fredonia, and the Northern Ozaukee School District, with rates determined by annual millage adjustments.
Commuters primarily utilize I-43 for access to the Milwaukee employment core, with typical drive times ranging from 35 to 45 minutes.
The area features access to the Milwaukee River for fishing and kayaking, as well as local community parks and proximity to regional trail systems.
The rental market is characterized by low vacancy rates and limited inventory, with demand driven by local workers and those seeking a rural-suburban lifestyle.
The local economy is supported by a mix of manufacturing, small business, and agricultural operations, with many residents commuting to the broader Milwaukee-Waukesha-West Allis MSA.
Transportation is heavily reliant on private vehicles, with I-43 serving as the primary arterial corridor for regional connectivity.
Development is focused on maintaining the village's rural character while accommodating modest residential growth through planned subdivisions.
Ozaukee County utilizes a market-value assessment system, with properties reassessed periodically to reflect current market conditions.
Parcels are subject to Northern Ozaukee School District taxes and various local municipal and county levies.
Property insurance premiums are stable, though coverage for wind and hail damage remains a standard consideration for homeowners in the region.
Wisconsin has experienced modest net domestic migration, with suburban and rural counties like Ozaukee seeing steady interest from families relocating from urban centers.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically provides a longer timeline for homeowners.
Wisconsin law requires sellers to provide a Real Estate Condition Report disclosing known material defects to potential buyers.
Data retrieved from data.census.gov ZCTA 53021 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.
Central community park with sports fields and playground facilities.
Provides recreational opportunities including fishing and canoeing.
Key-figure check: median price diverges 29.3% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $325,000 (29.3% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $325,000 (-29.3% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.