Home prices
The median home value in Elm Grove is $370,500. Compared to its surrounding areas this is about $144,760 (64%) higher.In comparison to the rest of the nation it is approximately $153,000 (70%) higher, and it is approximately $112,500 (43%) higher compared to the city of Chicago.
Rents
Elm Grove's median monthly rent is $950. It is roughly $147 (13%) lower in comparison to the surrounding areas.In comparison to the nation as a whole it is roughly $112 (10%) lower, and compared to the city of Chicago it is about $162 (14%) lower.
Nearby places
Brookfield
Brookfield is Elm Grove's neighbor to the northwest. Its housing prices are a bit less expensive. The value of the median home in Brookfield is $318,800, which is $51,700 (16%) lower than Elm Grove. Its rents are a lot more expensive. In Brookfield the median rent is $1,526 a month, which comes out to $576 (37%) higher than Elm Grove.
Wauwatosa
Wauwatosa is Elm Grove's neighbor to the east. The housing prices there are a lot less expensive. The price of the median home in Wauwatosa is $242,800, which works out to $127,700 (52%) lower than Elm Grove. Rent there is somewhat more expensive. Wauwatosa's median monthly rent is $1,116, which is $166 (14%) higher than Elm Grove.
West Allis
West Allis is about 3 miles southeast of Elm Grove. Its housing prices are a lot less expensive. The median home in West Allis costs $146,100, which comes out to $224,400 (153%) lower than Elm Grove. The rent there is a bit less expensive. The median rent in West Allis is $845 per month, which comes out to $105 (12%) lower than Elm Grove.
Butler
Butler is approximately 3 miles north from Elm Grove. Real estate prices there are significantly less expensive. Butler's median home value is $161,200, which comes out to $209,300 (129%) lower than Elm Grove. Rent there is somewhat less expensive. The median rent in Butler is $786 a month, which is $164 (20%) lower than Elm Grove.
New Berlin
New Berlin is roughly 5 miles south from Elm Grove. The housing prices there are substantially less expensive. New Berlin's median home cost is $259,800, which is $110,700 (42%) lower than Elm Grove. The rent there is a bit more expensive. New Berlin's median monthly rent is $1,211, which works out to $261 (21%) higher than Elm Grove.
