Housing in Greenfield
Greenfield's housing market runs roughly in line with Wisconsin's own statewide median, shaped by the city's fully built-out, mature-suburb character.
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Learn moreA real, disclosed price range close to the state median
Redfin's median sale price ran $340,996 (May 2026, +0.7% YoY), up from $318,000 in January 2026 (+11.5% YoY); Zillow's average for the specific 53228 ZIP ran $368,739 (+4.1% YoY) -- all close to Wisconsin's own $335,500-$360,000 statewide median.
A fully built-out suburb with limited new supply
Greenfield's real, disclosed slight population decline (-0.35% annually) reflects its fully built-out, mature-suburb status -- buyers should expect limited new-construction inventory relative to still-growing Milwaukee-metro suburbs like Oak Creek.
A property tax rate that adds substantially to ownership cost
Greenfield's 1.98% effective property tax rate -- the highest in this five-city batch -- adds a real, disclosed cost on top of the purchase price; the median annual tax bill runs $4,714.
Key takeaways
- Home values ($317,512-$368,739) run close to Wisconsin's own statewide median, not dramatically above it.
- Greenfield is a fully built-out suburb with limited new-construction supply and a slight population decline.
- Greenfield's 1.98% effective property tax rate adds a real, above-average cost above the purchase price.
- Confirm current, address-specific pricing directly given the real cross-source spread by ZIP code.
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