53118 — Ottawa, WI Home Values
Typical home value $620,870 as of June 2026 · 7th of 79 in Milwaukee-Waukesha, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53118, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53118 compares in the Milwaukee-Waukesha, WI area
ZIP code 53118 (Ottawa, WI) has a typical home value of $620,870 as of June 2026, ranking 7th of 79 ZIP codes tracked in the Milwaukee-Waukesha, WI area, more expensive than about 92% of ZIP codes in the metro. Prices here have moved +8.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.0%, from $453,250 in June 2021 to $620,870 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Milwaukee-Waukesha, WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Milwaukee.
Population and demographics
ZIP code 53118 has a population of 7,107, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.8% White, 1.7% Hispanic or Latino, 1.6% Asian, 1.2% two or more races, 0.4% Native Hawaiian or Pacific Islander, 0.2% Black or African American, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Kettle Moraine Middle | 301 E Ottawa Ave, Dousman, WI | 3.5 mi |
| Dousman Elementary | 341 E Ottawa Ave, Dousman, WI | 3.5 mi |
| Adeline Montessori School Inc | 995 S Sawyer Rd, Oconomowoc, WI | 4.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 53118?
$620,870 as of June 2026, the latest month Zillow has published observed data for.
Is 53118 an expensive ZIP code in the Milwaukee-Waukesha, WI area?
53118 ranks 7th of 79 ZIP codes in the Milwaukee-Waukesha, WI area by typical home value, more expensive than about 92% of ZIP codes in the metro.
How much have home values in 53118 changed over the past year?
+8.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 53118?
7,107, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53118?
Kettle Moraine Middle (3.5 mi), Dousman Elementary (3.5 mi), Adeline Montessori School Inc (4.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 53118?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Milwaukee-Waukesha, WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.