Welcome to this overview of Milwaukee, a city in Wisconsin with a competitive real estate market. In this text, we’ll provide you with insights on the city’s housing market, home values, crime rates, and other neighborhood resources. Whether you’re a property investor, realtor, manager, or simply interested in learning more about Milwaukee’s real estate landscape, read on to discover valuable information and resources.
MILWAUKEE OVERVIEW
Milwaukee is a city in Wisconsin and consists of 170 neighborhoods. There are 1,211 homes for sale, ranging from $1 to $8M.
- Median listing home price: $174.9K
- Median listing home price/Sq ft: $134
- Median sold home price: $165K
MILWAUKEE REAL ESTATE MARKET
Milwaukee, WI Housing Market
In January 2024, Milwaukee witnessed a 4.9% decline in home prices from the previous year, with a median price of $166K. Homes now take an average of 53 days to sell, slightly faster than the 55 days recorded last year. The number of homes sold increased to 344 from 330 in January. Read more.
Milwaukee Housing Market Trends and Forecast for 2024
As of January 31, 2024, Milwaukee’s housing market thrives with an 8.0% YoY increase, averaging $321,037. The +3.6% one-year forecast indicates sustained growth. Key metrics like a 0.996 median sale to list ratio and $274,967 median sale price affirm the market’s vitality. Don’t miss out on the trends of Milwaukee housing market.
Milwaukee Home Values
Check out Zillow’s report about Milwaukee home values.
INTERESTING STORIES
Thousands of vacant homes and lots threaten neighborhood safety and property values
Milwaukee contends with a longstanding problem of over 7,400 vacant properties since 2010, with 2,500 still empty. Foreseeable post-2020 recession foreclosures may worsen the paradox of vacant homes amid an affordable housing shortage. This disproportionately affects Black and Latino neighborhoods, diminishing property values and escalating crime, exemplifying the persistent challenge. Read more.
NEIGHBORHOOD RESOURCES
Milwaukee Crime Map
Milwaukee ranks among the highest crime rates in the U.S., with 60 crimes per 1,000 residents. The chance of falling victim to violent or property crime is one in 17, making it one of the top 100 most dangerous cities, as per NeighborhoodScout’s research. Learn more.
Top Real Estate Agents
Looking for a real estate agent? Here’s the 10 Top Real Estate Agents in Milwaukee by Sales Transactions.
MILWAUKEE HELPFUL REAL ESTATE ECONOMIC DEVELOPMENT RESOURCES
Community Development And Urban Renewal Associations
- Bronzeville Comunity Development Corporation
- Historic Third Ward Association
- Sherman Park Community Association
Community Development Support
Small Business, Leadership, And Community Engagement
- SCORE SE Wisconsin
- Wisconsin Women’s Business Initiative Corporation (WWBIC)
- The U.S. Department of Commerce, Minority Business Development Agency (MBDA)
Community Support
ABOUT DAWGS
The Leader in Vacant Property Security
D.A.W.G.S. (Door And Window Guard Systems) and VPS (Vacant Property Security / VPS360) manufacture and rent attractive steel panels to cover door and window openings on vacant buildings. With NATIONAL COVERAGE, DAWGS’ steel door and window guard solutions come directly from one of our National distribution centers in key metro areas.
Our Vacant Property Security solutions eliminate break-ins and other problems associated with vacant properties.
Property investors, property managers, housing authorities, rehabbers, and real estate professionals trust D.A.W.G.S. to safeguard their vacant properties.
Click here to learn more about the DAWGS.
Community Outreach
DAWGS philanthropy efforts have touched many lives:
- Helping Veterans realize a brighter, better future
- Giving a homeless family hope and a newly furnished home
- Providing opportunities for inner city teenage girls to live happier and healthier lifestyles
- Rescuing dogs that have been abandoned
- Providing employment opportunities for individuals with developmental disabilities
Learn more here.
