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Elm Grove, WI Real Estate


According to census data in the year 2000 there were 2,557 housing units in Elm Grove. This represents a 6.6% growth from 2,398 in 1990.

Of those housing units, 2,557 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elm Grove is about 90.1%. Elm Grove's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Elm Grove were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom3.90%
Two Bedrooms16.80%
Three Bedrooms39.30%
Four Bedrooms30.50%
Five Bedrooms or more6.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1961
Median Value of occupied units$263,900
Median Price asked for vacant units$287,500

Rented Homes, Apartments and Condos

Average Household Size1.24
Median year structure was built1967

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan13.50%
Simple Mortgage43.70%
Debt Free37.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%