Market Overview
Home Prices in Wauwatosa, WI
The median home value in Wauwatosa, WI is $435,497 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wauwatosa are priced6% above average. Wauwatosa is part of the Milwaukee-Waukesha, WI metro area.
Over the past five years, Wauwatosa home values have risen by approximately30.6%, reflecting strong long-term appreciation in this market.
Price History
Wauwatosa Home Price Trend
City Comparison
Wauwatosa vs. National Median
At $435,497, homes in Wauwatosa cost 6% above the national median of $410,000. Buyers in Wauwatosa should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wauwatosa?
20% Down Payment
$87,099
on $435,497
Monthly P&I
$2,271/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,884/mo
incl. taxes & insurance
Income Needed
$115,360
gross annual (30% rule)
10% Down Option
$43,550
+ PMI applies
Loan Amount (20% dn)
$348,398
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 Wauwatosa, WI?
The median home value in Wauwatosa is $435,497 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Wauwatosa?
Over the past year, home values in Wauwatosa have increased by 4.3%. Over five years, prices have risen approximately 30.6%.
How much do I need to earn to buy a home in Wauwatosa?
To comfortably afford the median home price of $435,497 with a 20% down payment ($87,099) at today's rates (6.8%), you'd need a gross annual income of approximately $115,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Wauwatosa compare to the national average home price?
The national median home value is approximately $410,000. At $435,497, homes in Wauwatosa are 6% above the national average.
What metro area is Wauwatosa part of?
Wauwatosa is part of the Milwaukee-Waukesha, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.