The story of this market
The typical home in ZIP 53074 sells for about $622,000, or $278 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,011 a month.
ZIP 53074 — Port Washington
The 53074 housing market remains stable with moderate price appreciation and consistent demand. Limited inventory continues to support pricing, though buyers are becoming more selective as interest rates influence affordability. Overall, the market reflects a healthy balance between steady local economic growth and residential supply.
This ZIP is ideal for families seeking a balance of small-town charm and access to urban amenities, as well as commuters who prefer a quieter residential environment. It also attracts retirees and downsizers drawn to the lakefront lifestyle and community-focused atmosphere.
Median prices moved up 3.8% year over year.
Homes spend a median of 62 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 1.9% · poverty 7.6% — 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 10.1%/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 6.4%/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 53074, 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.
Port Washington generally experiences low crime rates, consistently ranking below national averages for both violent and property crime. Local law enforcement maintains a stable presence, and the community is considered safe relative to larger regional urban centers.
The area is served by the Port Washington-Saukville School District, which is generally well-regarded for its academic performance and student support services. Schools in the district consistently meet or exceed state expectations for accountability.
The geography faces moderate risks related to severe winter weather and occasional high winds from Lake Michigan. Flood risk is primarily concentrated in low-lying areas near the lakefront and local creek corridors, with standard insurance coverage typically available.
Economic momentum is driven by a mix of manufacturing, healthcare, and retail sectors, with ongoing development in local business parks. Infrastructure improvements, including highway access and utility upgrades, continue to support residential and commercial expansion.
Property taxes are levied by the city, county, and school district, with rates determined by annual assessments and local millage requirements. The state provides a lottery and gaming credit for primary residences, which helps offset the total tax burden for homeowners.
Commuters primarily utilize I-43 for travel toward the Milwaukee employment core, with typical drive times ranging from 30 to 45 minutes depending on traffic. Public transit options are limited, making personal vehicle ownership the standard for regional mobility.
The area features extensive access to Lake Michigan, including the Port Washington Marina and various waterfront parks. Residents enjoy numerous local trails, golf courses, and a historic downtown district with diverse shopping and dining options.
The rental market is characterized by moderate demand and low vacancy rates, driven by a mix of long-term residents and professionals working in the region. New multi-family developments have added inventory, though rent growth remains consistent with regional trends.
The local economy is anchored by manufacturing, healthcare, and professional services, with significant employment provided by regional industrial parks. Proximity to Milwaukee allows for a diverse labor market and access to broader economic opportunities.
The area is served by I-43, providing a direct corridor to Milwaukee and Green Bay. Local infrastructure is primarily designed for vehicular traffic, with limited public transit options available.
Development is focused on expanding residential capacity through new subdivisions and mixed-use projects near the city's periphery. Infrastructure planning prioritizes utility capacity and road improvements to accommodate growth.
The Ozaukee County assessment office manages property valuations, utilizing a mass appraisal system to ensure equitable taxation across the county. Assessments are updated periodically to reflect market changes.
Parcels are subject to school district, county, and municipal taxes, with some areas potentially falling under specific utility or sanitary district jurisdictions.
Property insurance premiums are influenced by proximity to Lake Michigan and regional weather patterns, with standard coverage generally available for residential properties.
Data retrieved from data.census.gov for ZCTA 53074.
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.
A major recreational hub on Lake Michigan offering boating and fishing access.
Features scenic bluffs overlooking Lake Michigan and community event spaces.
A vibrant district with local boutiques, restaurants, and historic architecture.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.