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Short Sale Listings in Elm Grove, WI 53122

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Living in Elm Grove, WI

Elm Grove, WI, is a picturesque suburb of Milwaukee known for its excellent schools, parks, and community events. This family-friendly town offers a variety of recreational activities and a strong sense of community. With quick access to the city and a peaceful atmosphere, it's a prime location for both families and professionals.

Current Market Conditions in Elm Grove, WI

The Elm Grove real estate market is currently thriving, with a steady increase in home values over recent years. Average days on the market have decreased, indicating a competitive atmosphere as buyers seek the charm and amenities this community offers.

There has been a noticeable uptick in inventory levels, providing potential buyers with a broader selection of homes, from historic properties to newer constructions. Here, you'll find a strong neighborhood network that continues to attract families and professionals alike.

Home Value Estimator For Elm Grove, WI

There are currently 2,448 real estate properties in Elm Grove, WI, with a median automated valuation model (AVM) price of $698,637.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elm Grove, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elm Grove, WI, is $738,019.00, with the most expensive house in Elm Grove, WI, topping out at $5,293,922.00 and the cheapest home in Elm Grove, WI, clocking in at $67,535.00. In other words, there’s something for every potential homebuyer or savvy investor in Elm Grove, WI!

Rent Prices In Elm Grove, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elm Grove, WI, is on a rollercoaster ride. The average rent price in Elm Grove, WI, is $2,637.00. Indeed, when looking to rent in Elm Grove, WI, you can expect to pay as little as $1,040.00 or as much as $3,900.00, with the average rent median estimated to be $2,670.00. The good news is that finding an affordable and desirable property to rent in Elm Grove, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elm Grove, WI 53122 Short Sale Listings

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