Market Overview
Home Prices in Brookfield, WI
The median home value in Brookfield, WI is $537,317 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.8% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Brookfield are priced31% above average. Brookfield is part of the Milwaukee-Waukesha, WI metro area.
Over the past five years, Brookfield home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Brookfield Home Price Trend
City Comparison
Brookfield vs. National Median
At $537,317, homes in Brookfield cost 31% above the national median of $410,000. Buyers in Brookfield should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Brookfield?
20% Down Payment
$107,463
on $537,317
Monthly P&I
$2,802/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,559/mo
incl. taxes & insurance
Income Needed
$142,360
gross annual (30% rule)
10% Down Option
$53,732
+ PMI applies
Loan Amount (20% dn)
$429,854
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Brookfield, WI?
The median home value in Brookfield is $537,317 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.8% year-over-year.
How much have home prices changed in Brookfield?
Over the past year, home values in Brookfield have increased by 4.8%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Brookfield?
To comfortably afford the median home price of $537,317 with a 20% down payment ($107,463) at today's rates (6.8%), you'd need a gross annual income of approximately $142,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Brookfield compare to the national average home price?
The national median home value is approximately $410,000. At $537,317, homes in Brookfield are 31% above the national average.
What metro area is Brookfield part of?
Brookfield is part of the Milwaukee-Waukesha, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.