53045, Brookfield, WI

The 53045 zip code of Brookfield, WI has a median home value of $223,000 and a median home equity of $131,000. These values are significantly higher than the Wisconsin state median home value of $146,500 and the national median home value of $177,200. This indicates that homes in the 53045 zip code are more valuable than average.

One possible explanation for this high level of home value is that Brookfield is a desirable location. The city has a population of over 60,000 people and is located just north of Milwaukee. Additionally, Brookfield has many amenities that make it a desirable place to live including excellent schools and recreational opportunities.

Despite these positive factors, there are some indications that the market for homes in the 53045 zip code may be cooling off slightly. For example, there was an increase in foreclosure activity in this area over the past year or so. Additionally, sales volume has been lower recently than it was earlier in 2016 or 2015. However, overall demand appears to be strong enough to keep prices elevated for most properties in this zip code.