Milwaukee-Waukesha Metro Area, WI Housing

The Milwaukee-Waukesha-West Allis, WI Metro Area has an average housing median value of $281,800, which is significantly lower than the US housing median value of $338,100. However, the area's house appreciation rate over the last year is 11.96%, beating the national average of 8.27%. This suggests that this area may be a good investment opportunity for potential buyers. The strong appreciation rate could lead to high returns in the near future and make Milwaukee-Waukesha-West Allis a great place to invest in real estate.

The median home cost in Milwaukee-Waukesha Metro Area is $281,800. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Milwaukee-Waukesha Metro Area is up 14.4%.

Average Age of Homes

- The median age of Milwaukee-Waukesha Metro Area real estate is 54 years old

The Rental Market in Milwaukee-Waukesha Metro Area

- Renters make up 36.2% of the Milwaukee-Waukesha Metro Area population
- 2.2% of houses and apartments in Milwaukee-Waukesha Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Milwaukee-Waukesha, Wisconsin	United States
	691,020.0	139,647,020.0
	56	42
	$281,800	$338,100
	14.4%	16.6%
	51.2%	57.0%
	74.1%	101.1%
	$19.55	$10.98
	$4,052	$2,690
	55.9%	57.4%
	6.8%	11.2%
	37.3%	31.4%
Vacant Housing
	2.2%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.3%	2.4%
	1.8%	2.8%
	2.8%	3.9%
	3.3%	4.5%
	12.4%	11.3%
	16.6%	13.0%
	27.8%	20.1%
	16.4%	13.6%
	7.5%	8.3%
	5.6%	9.7%
	1.8%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.2%	13.6%
	8.2%	13.6%
	10.9%	13.6%
	7.8%	13.2%
	12.9%	14.8%
	10.9%	13.6%
	15.7%	10.0%
	6.9%	4.7%
	21.8%	12.2%

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