Real Estate Investing in Mequon, Wisconsin (53092)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Ozaukee County • Population: 21,202 • Data updated: September 2026

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Should you buy in 53092 (Mequon, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Mequon, WI (53092)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $609,616
Avg Monthly Rent $2,327
1% Rule ✗ Does Not Meet
Median Income $121,994
% Renters 22.6%

Market Analysis: 53092 Mequon

This part of Ozaukee County is not an easy win. The 53092 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $610K asset, 53092 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader WI picture, 53092 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 53092 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategy in 53092 is an operator game, not a passive one. From a cash-flow lens, entry prices of $610K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Mequon:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Rising (+7.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,327/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Milwaukee-Waukesha, WI Metro Area
Even conditions for buyers and sellers
36 days
Average time to sell
Average
7.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Milwaukee-Waukesha, WI metro data
🏠

Property Strategy for 53092

Which property type performs best in this market?

Best for Cash Flow
2BR
4.2% cap rate
Best for Appreciation
2BR
+7.3% 5yr CAGR
Best Overall Value
3BR
$165,313/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $341,246 $2,010 4.2% +7.3% $170,623
3BR $495,940 $2,480 3.6% +5.8% $165,313
4BR $712,825 $2,680 2.7% +6.3% $178,206
5BR $1,029,012 +6.5% $205,802

Market Trends

Home Value History (with trend line)

$634K$574K$513K$453K$392K$332KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,797$2,654$2,512$2,370$2,227$2,085Aug 2025Feb 2026Jul 2026

📊 How Does 53092 Compare?

Metric 53092 Mequon Milwaukee-Waukesha, WI Wisconsin
Home Value $609,616 $647,941 N/A $320,446
5-Year CAGR 3.1% 3.3% N/A 7.3%
Avg Rent $2,327 $1,888 N/A -
Cap Rate 3.0% 2.3% - -
💡 Why Invest in 53092? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 53092 (Mequon, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+3.1%
Moderate

📊 Market Snapshot

Home Value $609,616
Monthly Rent $2,327
Price-to-Rent 21.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +7.3% ▲
3-Year CAGR +2.7% ▲
5-Year CAGR +3.1% ▲
10-Year CAGR +4.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 7.0%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
6.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 53092

Population: 21,202

💰 Median Household Income
$121,994
This area
$121,994
State
$73,177
USA
$74,580
🏠 Renter Occupied
22.6%
This area
22.6%
State
22.0%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-1.8%
USA
3.7%
🎓 College Educated
70.0%
This area
70.0%
State
17.1%
USA
33.7%
👤 Median Age
48.5 years
This area
48.5 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
6.9%
This area
6.9%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 90.7%
Other/Mixed 4.2%
Asian 2.9%
Black/African American 2.2%
Hispanic/Latino 2.0%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
24.3%
This area
24.3%
USA
17.3%
📊 Poverty Rate
2.4%
This area
2.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 53092

A+ Avg School Grade
5 Schools
14.1:1 Avg Class Size
$26,768 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Donges Bay Elementary

📚 Pre-K – 05 Elementary
👥
516 Students
👨‍🏫
13.5:1 Class Size
💰
$26,768 Per Student
A+ Excellent

Lake Shore Middle

📚 06 – 08 Middle
👥
332 Students
👨‍🏫
12.3:1 Class Size
💰
$26,768 Per Student
A+ Excellent

Steffen Middle

📚 06 – 08 Middle
👥
409 Students
👨‍🏫
12.4:1 Class Size
💰
$26,768 Per Student
A Very Good

Wilson Elementary

📚 Pre-K – 05 Elementary
👥
571 Students
👨‍🏫
15.4:1 Class Size
💰
$26,768 Per Student
A Very Good

Homestead High

📚 09 – 12 High School
👥
1,225 Students
👨‍🏫
16.8:1 Class Size
💰
$26,768 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 1,438 Off-Campus Students
C+
Concordia University-Wisconsin
5,063 students · 2.9 mi
C
Wisconsin School of Professional Psychology
76 students · 8.8 mi
C+
University of Wisconsin-Milwaukee
22,481 students · 10.6 mi
D
University of Wisconsin-Milwaukee Flex
580 students · 10.6 mi
C
Mount Mary University
1,224 students · 11.0 mi
D
Milwaukee Career College
73 students · 11.2 mi
C
Paul Mitchell the School-Milwaukee
111 students · 11.4 mi
C+
Milwaukee School of Engineering
2,834 students · 12.4 mi

Investor Insight: With 1,438 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Mequon, WI a good place for real estate investing?

Mequon, WI scores 3.0/5 for investability. Home values sit at $610K and rents near $2,327/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What do rentals go for in Mequon, WI?

Expect rents around $2,327/mo per month in Mequon, WI. With home values at $610K, the yield math works out to reasonable levels for rental investors.

What is the renter demographic in Mequon, WI?

Expect a solid tenant pool in Mequon, WI. The rental market absorbs $2,327/mo rents without meaningful friction.

Is housing expensive in Mequon, WI?

In Mequon, WI the median home value sits at $610K. Against the broader WI market, that reads as reasonable for most investors.

Should investors worry about vacancy in Mequon, WI?

Rental vacancy in Mequon, WI is elevated. Investors should budget normal turnover but not chronic empty units.

You know 53092 now. You don’t know where it ranks.

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How 53092 ranks in Milwaukee-Waukesha, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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