Market Overview
Home Prices in Mequon, WI
The median home value in Mequon, WI is $673,567 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mequon are priced64% above average. Mequon is part of the Milwaukee-Waukesha, WI metro area.
Over the past five years, Mequon home values have risen by approximately15.3%, reflecting steady appreciation in this market.
Price History
Mequon Home Price Trend
City Comparison
Mequon vs. National Median
At $673,567, homes in Mequon cost 64% above the national median of $410,000. Buyers in Mequon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mequon?
20% Down Payment
$134,713
on $673,567
Monthly P&I
$3,513/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,462/mo
incl. taxes & insurance
Income Needed
$178,480
gross annual (30% rule)
10% Down Option
$67,357
+ PMI applies
Loan Amount (20% dn)
$538,854
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 Mequon, WI?
The median home value in Mequon is $673,567 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Mequon?
Over the past year, home values in Mequon have increased by 5%. Over five years, prices have risen approximately 15.3%.
How much do I need to earn to buy a home in Mequon?
To comfortably afford the median home price of $673,567 with a 20% down payment ($134,713) at today's rates (6.8%), you'd need a gross annual income of approximately $178,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Mequon compare to the national average home price?
The national median home value is approximately $410,000. At $673,567, homes in Mequon are 64% above the national average.
What metro area is Mequon part of?
Mequon is part of the Milwaukee-Waukesha, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.