The story of this market
The typical home in ZIP 53153 sells for about $480,000, or $231 per square foot.
Prices are down 17.9% from a year ago, which gives buyers more room to negotiate. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,304 a month.
ZIP 53153 — North Prairie
The 53153 housing market shows signs of cooling with a significant year-over-year price decline, yet remains competitive with low inventory and high sale-to-list ratios. Demand is supported by high household incomes and a stable suburban environment, though longer days on market suggest a shift toward a more balanced landscape for buyers.
This ZIP is well-suited for families and professionals seeking a suburban lifestyle with access to high-quality schools and regional employment centers, while offering a quieter environment than the urban core.
Median prices moved down 17.9% year over year.
Homes spend a median of 70 days on market with 2.1 months of supply — a fast-moving market.
75% of listings have cut prices · homes sell at 103.7% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.9% · poverty 2.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53153, Wisconsin
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Mukwonago Area School District, which generally maintains a positive reputation within the region.
The region is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather; flood risk is localized to specific low-lying areas near water bodies.
The area benefits from proximity to the Waukesha and Milwaukee employment corridors, with steady residential development and infrastructure maintenance supporting suburban growth.
Property taxes are assessed at the municipal and county levels in Wisconsin, with rates determined by local school district and municipal levies; exemptions exist for primary residences via the state lottery and gaming credit.
Residents primarily rely on personal vehicles for commuting, with access to major regional highways facilitating travel toward Waukesha and Milwaukee employment hubs.
The area features access to local parks, proximity to Phantom Lake for water-based recreation, and various golf courses and shopping centers within a short driving distance.
The rental market is characterized by moderate vacancy pressure and steady demand, with rents reflecting the suburban nature of the community.
The local economy is anchored by a mix of suburban retail, professional services, and proximity to the broader Waukesha County industrial and corporate base.
Transportation is primarily highway-dependent, with regional corridors connecting the area to the greater Milwaukee metropolitan transit network.
Development is focused on residential expansion and supporting infrastructure improvements within the village and surrounding township areas.
The Waukesha County assessment regime follows state-mandated standards for uniform property valuation based on market value.
Parcels are subject to school district levies, municipal taxes, and county-level assessments, with potential special assessments for local utility or infrastructure improvements.
Property insurance premiums are influenced by regional weather patterns and the standard risk profile for suburban Wisconsin residential properties.
Data retrieved from US Census Bureau and local ZIP-level aggregators.
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 Park4.419.2 mi
- Urban Air Trampoline and Adventure Park4.413.2 mi
- K1 Speed Milwaukee4.412.5 mi
- Dave & Buster's Wauwatosa3.919.7 mi
- Springs Water Park4.29.7 mi
- Boerner Botanical Gardens4.719 mi
- Alpine Valley Music Theatre4.114.4 mi
- New Berlin Ale House4.415.2 mi
- Walworth County Fairgrounds and Campgrounds- Elkhorn, Wisconsin4.519.8 mi
- Slick City Action Park4.419.2 mi
- Kettle Moraine State Forest - Lapham Peak Unit4.86.3 mi
- Old World Wisconsin4.76.6 mi
- K1 Speed Milwaukee4.412.5 mi
- Springs Water Park4.29.7 mi
- Retzer Nature Center4.86.8 mi
- Walworth County Fairgrounds and Campgrounds- Elkhorn, Wisconsin4.519.8 mi
- Old World Wisconsin4.76.6 mi
- Sharon Lynne Wilson Center for the Arts4.815.6 mi
- Kids in Motion4.416.8 mi
- East Troy Railroad Museum4.710.8 mi
- Kettle Moraine State Forest - Lapham Peak Unit4.86.3 mi
- Retzer Nature Center4.86.8 mi
- Minooka Park4.711.1 mi
- Paradise Springs Nature Trail4.75.9 mi
- Scuppernong Trailhead4.82.8 mi
- The Boat House Lauderdale Lakes4.314.5 mi
- Nagawicka Lake Yacht Club4.58.4 mi
- Broadlands Golf Club4.11 mi
- Western Lakes Golf Club & Event Venue4.38.8 mi
- Morningstar Golfers Club4.37.4 mi
- Edgewood Golf Course410.7 mi
- The Legend at Brandybrook4.85 mi
- Fleet Farm4.612.7 mi
- Fleet Farm4.49.1 mi
- Meijer4.39.9 mi
- Blain's Farm & Fleet4.412.9 mi
- Kohl's4.212.5 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 primary local water feature providing recreational opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.