Elm Grove Real Estate
Named the Best Suburb by Business Insider in October 2014, Elm Grove is a village in Waukesha County that started out as part of the Town of Brookfield.
In 1848, Watertown Plank Road, the main thoroughfare in the village, was started by laying 650,000 white oak timbers and planks to make travel from Milwaukee to Watertown easier. In 1856, rail lines intersecting with Watertown Plank Rd gave way to even greater community development and the village name. When trying to decide on a new for the rail stop, officials chose the name Elm Grove due to the expanse of trees in the area. The Village of Elm Grove is now surrounded by four major roads; US Hwy 18 (or Bluemound Rd.), Pilgrim Parkway, North Ave. and 124th St.
Elm Grove’s first 20 lots were platted in 1869 and thanks to Watertown Plank Rd and the railroad, the village was large enough to be unincorporated by 1880.
In the 1920’s and 30’s, automobiles made travel from Milwaukee to the suburbs even easier, and Elm Grove saw even more suburanization after WWII. By 1960, the population was just shy of 5,000.
Today Elm Grove is known for an upscale living area only minutes from downtown Milwaukee and prides itself on quaint downtown area, executive homes, and proximity to great restaurants and entertainment.
According to the US Census, the average medium income for it’s approximate 6,000 residents was $119,512.00 in 2016. As of March, 2020, the average sales price in Elm Grove & Brookfield, it’s largest neighbor, was approximately $322,500 (source: MetroMLS).