The story of this market
The typical home in ZIP 53156 sells for about $477,164, or $231 per square foot.
Prices are up +13.5% from a year ago, so sellers still have some momentum. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $778 a month.
ZIP 53156 — Palmyra
The Mukwonago housing market remains competitive with low inventory and steady price appreciation, reflecting strong demand for suburban living. While sales volume is modest, the market is characterized by a seller-favored environment with minimal overbid pressure. Growth is supported by the area's stable economic base and proximity to larger employment hubs.
This ZIP is well-suited for family buyers and professionals seeking a suburban lifestyle with access to outdoor recreation and a reasonable commute to major employment hubs in Waukesha and Milwaukee.
Median prices moved up 13.5% year over year.
Homes spend a median of 70 days on market with 3.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53149, 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.
The area is served by the Mukwonago Area School District, which is generally regarded for its stable academic performance and community-focused educational environment.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather, with flood risk primarily localized to areas near Phantom Lake and the Fox River.
Mukwonago benefits from its proximity to the Milwaukee and Waukesha employment corridors, with ongoing residential development and local commercial expansion supporting its suburban growth.
Property taxes are levied by the Town or Village of Mukwonago, Waukesha County, and the Mukwonago Area School District; rates are determined by local millage formulas and state-mandated assessment practices.
Residents primarily commute via I-43, providing a direct link to the Milwaukee metropolitan area, with average commute times around 22 minutes.
The area features significant outdoor amenities including Phantom Lake, various community parks, and proximity to regional trail systems, alongside local shopping and dining in the village center.
The rental market is characterized by low vacancy pressure and steady demand, driven by the area's suburban appeal and limited multi-family inventory.
The local economy is supported by a mix of small businesses, retail, and services, with many residents commuting to larger industrial and corporate employers in the broader Waukesha County and Milwaukee region.
The area is primarily auto-dependent, relying on I-43 and local highway corridors for regional connectivity.
Development is focused on managed residential growth and local commercial infrastructure improvements within the village and town boundaries.
Waukesha County utilizes a centralized assessment process to determine property values for taxation purposes across its constituent municipalities.
Parcels are subject to taxation by the Mukwonago Area School District and Waukesha County, with potential additional levies for local utility or sanitary districts.
Property insurance premiums are influenced by regional weather patterns and the proximity of properties to flood-prone areas near local waterways.
Data retrieved from zips.us.com and census.gov profiles for ZCTA 53149.
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.
- Alpine Valley Music Theatre4.113.2 mi
- Fireside Theatre4.812.2 mi
- Walworth County Fairgrounds and Campgrounds- Elkhorn, Wisconsin4.514.3 mi
- Old World Wisconsin4.76.3 mi
- Jefferson County Fair Park4.414.1 mi
- Old World Wisconsin4.76.3 mi
- Apple Barn Orchard & Winery4.612.2 mi
- Scuppernong Trailhead4.88.9 mi
- Gus's Drive-In4.711.8 mi
- John Muir Mountain Biking Trails4.83.8 mi
- Walworth County Fairgrounds and Campgrounds- Elkhorn, Wisconsin4.514.3 mi
- Old World Wisconsin4.76.3 mi
- East Troy Railroad Museum4.712.2 mi
- Milton House Museum4.717.7 mi
- Parry Spring4.812.2 mi
- Paradise Springs Nature Trail4.76.2 mi
- Scuppernong Trailhead4.88.9 mi
- John Muir Mountain Biking Trails4.83.8 mi
- Kettle Moraine State Forest Southern Unit Headquarters4.84.5 mi
- Ice Age Trail4.87.8 mi
- Pettit's Lakeview Campground and Bar4.619.9 mi
- The Boat House Lauderdale Lakes4.38.1 mi
- Nagawicka Lake Yacht Club4.517.7 mi
- Broadlands Golf Club4.110.7 mi
- Evergreen Golf Club4.311.4 mi
- Kettle Moraine Golf Club4.29.5 mi
- Spring Creek Golf Center4.68.1 mi
- Jefferson Golf Course4.212.3 mi
- Jelli's Market4.812.2 mi
- Hansen's IGA Market - East Troy WI4.111.6 mi
- Theisen's Home Farm Auto of Jefferson4.412.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central recreational feature offering water activities and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.