When you think of the perfect place to enjoy a delicious cup o' joe, what comes to mind? The Brew City is Milwaukee, WI, and if their coffee tastes good (word on the street is it does), we've got ourselves one heckuva town! Known for its rich cultural history; Milwaukee hosts different music, food, art festivals. It also has an excellent educational system comprising several universities and colleges.
Real estate in Milwaukee, WI is relatively inexpensive currently. However, the city has only limited properties up for sale, so anyone thinking of buying properties here better hurry. Let's dig into the city and see why it's worth it to buy a house here.
Quick Facts:
- A total of 587,721 population with an increase of 0.28% from 2020.
- The median home price is approximately $195.6K.
- The overall cost of living in Milwaukee, WI is 15.6% lower than the US average.
- The median listing price per square foot is $127.
Milwaukee, WI, in a Nutshell
With over 500,000 residents, Milwaukee is one of the most populated cities in Wisconsin. It is also considered the fifth largest city in the United States. Milwaukee is also seen with an increase in job opportunities with the number of new jobs in the city increasing up to 3.5%.
Public School
Milwaukee, WI has excellent public schools that are well equipped. The public school system in the city has over 70 elementary schools, 16 middle schools, and 23 high schools.
Here are some of the best public schools you might want to consider when moving to Milwaukee:
- Wauwatosa Stem
- Lincoln Elementary School
- Glen Elementary School
- Brookfield East High School
- Whitefish Bay High School
- Brookfield Central High School
Weather
The place has overall pleasant weather for most of the year. Milwaukee has a cold and temperate climate, with the summers being warm and humid, while winters are cold. Anytime is the best time to move to Milwaukee, as you will have all four seasons.
Real Estate in Milwaukee, WI
With a median price of $195.6k, buying a house in Milwaukee is cheaper than buying in other states. Although the city has limited properties up for sale, it's still worth checking out.
Milwaukee City has a total of 176 neighborhoods, which are great for families with their own good schools. Franklin Heights' median home listing price is only $64.9k, making it the cheapest neighborhood in Milwaukee. On the other hand, Juneau Town has a median listing price of $295K, and River Hills has a median listing price of $457.5K; these two have the most expensive housing prices in the city.
Real Estate Trends
From October 2011, the real estate market in Milwaukee has increased a total of 68% in price. Over the decade, the city has cut its unemployment rate by half and seen a steady increase in the population. The city is also seen to increase employment, giving homeowners a lot of opportunities to increase their price range.
Final Thoughts
With great things coming to Milwaukee, it's best to take advantage of the cheap houses and fantastic weather. The city is also a great place to have a family with its low cost of living, top public schools, and overall good economy. With the increasing demand for homes in Milwaukee, it's best to hurry before this trend passes by.
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