5238 N 49th St · Milwaukee, WI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $636 – $1,182
Heat risk 2/10 · Minimal
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +25.6/30.0
- ARV discount +15.0/15.0
- DSCR +8.5/10.0
- 1% rule +7.5/10.0
- Livability +4.0/5.0
- Rent growth +3.8/5.0
- Condition / age +2.5/5.0
- Schools +1.2/10.0
- Appreciation +0.0/10.0
$114,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to this charming 3-bedroom, 1-bath 1.5-story home full of potential. The home features a full basement with a sink, providing added utility and flexibility for storage, hobbies, or future possibilities. With its inviting layout and opportunity to add your personal touch, this property is ready for its next chapter!
Key facts
- 5,227 sq ft lot
- Built 1937
- Listed 91 days
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $115k.
Deal economics
- At list price, monthly cash flow is $271 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $115k).
- Recommended offer: $105k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.1% vs local median 5.1% in Milwaukee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#55 in WI, #1,534 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, schools F, crime F.
- Milwaukee School District (urban): math 10% / reading 18% proficiency, ranked #337 of 342 in WI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.3%/yr); 153 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
- This rent runs 38% of the median local income ($46k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 5.3% rent growth), your $32k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 91 days — a 9% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 13y ago; this cycle's ask has dropped $40k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1937 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.25% ✓
- Cap rate
- 9.13%
- Cash-on-cash
- 10.12%
- DSCR
- 1.45
- GRM
- 6.7
CMA / ARV
- ARV (median comp)
- $147,974
- List price
- $114,900
- Delta
- -22.35%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5267 N 48th St | 0.05mi | 3/1.0 | 932 (-8%) | 1mo | $183,000 | $196 | 84 |
| 5003 N 51st Blvd | 0.34mi | 3/1.0 | 934 (-8%) | 1mo | $110,000 | $118 | 71 |
| 5269 N 57th St | 0.53mi | 3/1.0 | 1,033 (+2%) | 2mo | $145,000 | $140 | 70 |
| 4941 N Sherman Blvd | 0.51mi | 3/1.0 | 973 (-4%) | 0mo | $110,000 | $113 | 70 |
| 4235 W Fairmount Ave | 0.50mi | 3/2.0 | 1,044 (+3%) | 1mo | $150,000 | $144 | 67 |
| 5330 N 54th St | 0.33mi | 3/1.0 | 1,127 (+11%) | 1mo | $199,900 | $177 | 65 |
| 5466 N 57th St | 0.58mi | 3/1.0 | 1,108 (+10%) | 1mo | $95,100 | $86 | 57 |
| 4676 N 46th St | 0.74mi | 3/1.0 | 1,066 (+5%) | 0mo | $172,500 | $162 | 56 |
| 5139 N 57th St | 0.54mi | 3/1.0 | 1,128 (+12%) | 1mo | $125,000 | $111 | 55 |
| 4906 N 58th St | 0.71mi | 3/1.0 | 940 (-7%) | 1mo | $100,000 | $106 | 54 |
| 5515 N 52nd St | 0.40mi | 4/1.0 (+1) | 1,146 (+13%) | 2mo | $109,000 | $95 | 53 |
| 4752 N 44th St | 0.70mi | 2/1.0 (-1) | 913 (-10%) | 1mo | $160,000 | $175 | 45 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.29% rent growth · sell at horizon
- IRR
- 1.7%
- Equity multiple
- 1.07×
- Total profit
- $2,123
- Equity at exit
- $17,132
- IRR
- 13.6%
- Equity multiple
- 2.21×
- Total profit
- $38,957
- Equity at exit
- $9,934
Cash invested: $32,172 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 73 Landlord-Friendly
- State Wisconsin
- 73 Landlord-Friendly · R+2
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 53218
- Home prices YoY
- -19.0%
- Rents YoY
- 5.3%
- Active inventory
- 153
- Price-to-rent
- 6.7×
Monthly cashflow live
- Estimated rent
- $1,439 high interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax from tax record
- −$215 /mo · $2,580/yr
- Insurance
- −$48
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$302
- Net cashflow
- $271
Break-even live
Sensitivity live
| Price | -10% $336 | -5% $304 | +0% $271 | +5% $239 | +10% $206 |
|---|---|---|---|---|---|
| Rent | -10% $158 | -5% $215 | +0% $271 | +5% $328 | +10% $385 |
| Rate | -1.0pp $329 | -0.5pp $301 | base $271 | +0.5pp $242 | +1.0pp $211 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $28,725
- Closing costs
- $3,447
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4610 W Eggert Pl #4612 Milwaukee, WI | 3.0 | 1.0 | 852 | $1,095 | $1.29 | 24d | 1 | 0.21mi |
| 5073 N 48th St Milwaukee, WI | 4.0 | 1.0 | 1152 | $1,595 | $1.38 | 15d | 1 | 0.22mi |
| 5165-5167 N 45th St Unit 5165 Milwaukee, WI | 3.0 | 1.0 | 1020 | $1,200 | $1.18 | 17d | 1 | 0.27mi |
| 5050 N 47th St Milwaukee, WI | 2.0 | 1.0 | 1092 | $1,700 | $1.56 | 44d | 1 | 0.28mi |
| 4340 W Eggert Pl Milwaukee, WI | 4.0 | 1.0 | 1066 | $1,695 | $1.59 | 24d | 1 | 0.34mi |
| 4334 W Eggert Pl Milwaukee, WI | 4.0 | 1.0 | 1077 | $1,695 | $1.57 | 24d | 1 | 0.35mi |
| 4852 N 48th St Unit 4852 Milwaukee, WI | 2.0 | 1.0 | 830 | $995 | $1.20 | 2d | 1 | 0.50mi |
| 5435 N 40th St Milwaukee, WI | 2.0 | 1.0 | 850 | $1,150 | $1.35 | 17d | 1 | 0.62mi |
| 4727 N 46th St Milwaukee, WI | 3.0 | 1.0 | 936 | $1,700 | $1.82 | 44d | 1 | 0.69mi |
| 4900 N 58th St Milwaukee, WI | 3.0 | 1.0 | 1455 | $1,450 | $1.00 | 5d | 1 | 0.70mi |
| 5688 N 56th St Milwaukee, WI | 3.0 | 1.0 | 850 | $1,445 | $1.70 | 13d | 1 | 0.71mi |
| 4703 N 45th St Milwaukee, WI | 3.0 | 1.0 | 1031 | $1,695 | $1.64 | 24d | 1 | 0.74mi |
| 5696 N 42nd St Milwaukee, WI | 4.0 | 1.0 | 1023 | $1,495 | $1.46 | 24d | 1 | 0.75mi |
| 4702 N 44th St Milwaukee, WI | 3.0 | 2.0 | 1050 | $1,850 | $1.76 | 44d | 1 | 0.78mi |
| 4640 N 51st Blvd Milwaukee, WI | 2.0 | 1.0 | 1075 | $1,275 | $1.19 | 44d | 1 | 0.79mi |
| 5657 N 60th St #5659 Milwaukee, WI | 3.0 | 1.0 | 878 | $995 | $1.13 | 17d | 1 | 0.83mi |
| 5237 N 34th St Unit 5237 Lower Milwaukee, WI | 2.0 | 1.0 | 956 | $1,350 | $1.41 | 24d | 1 | 0.94mi |
| 6221 W Thurston Ave #6223 Milwaukee, WI | 3.0 | 1.0 | 800 | $1,100 | $1.38 | 20d | 1 | 0.94mi |
| 5541 N 35th St #5543 Milwaukee, WI | 3.0 | 1.0 | 1130 | $1,195 | $1.06 | 5d | 1 | 0.95mi |
| 5830 N 61st St Milwaukee, WI | 3.0 | 1.0 | 1024 | $1,450 | $1.42 | 44d | 1 | 0.99mi |
| 4479A N 44th St Milwaukee, WI | 2.0 | 1.0 | 1000 | $895 | $0.90 | 44d | 1 | 1.01mi |
| 4661 N 38th St Unit 4661 Milwaukee, WI | 2.0 | 1.0 | 1000 | $845 | $0.84 | 15d | 1 | 1.01mi |
| 5659 N 64th St Unit 5659A Milwaukee, WI | 2.0 | 1.0 | 1091 | $1,300 | $1.19 | 44d | 1 | 1.03mi |
| 4651 N 36th St #4 Milwaukee, WI | 2.0 | 1.0 | 747 | $945 | $1.27 | 24d | 1 | 1.11mi |
| 6518 W Hampton Ave Unit 2 Milwaukee, WI | 2.0 | 1.0 | 1100 | $1,200 | $1.09 | 44d | 1 | 1.11mi |
| 5032 N 32nd St Milwaukee, WI | 3.0 | 2.0 | 1089 | $1,750 | $1.61 | 13d | 1 | 1.12mi |
| 5820 N 65th St #5822 Milwaukee, WI | 2.0 | 1.0 | 700 | $1,245 | $1.78 | 44d | 1 | 1.17mi |
| 5823 N 65th St Unit Upper Milwaukee, WI | 2.0 | 1.0 | 768 | $1,295 | $1.69 | 44d | 1 | 1.19mi |
| 5831 N 65th St Unit 5831 Milwaukee, WI | 3.0 | 1.0 | 900 | $1,195 | $1.33 | 44d | 1 | 1.20mi |
| 6046 N 61st St Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1200 | $1,345 | $1.12 | 24d | 1 | 1.21mi |
| 6046 N 61st St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1250 | $1,395 | $1.12 | 44d | 1 | 1.21mi |
| 6921 W Herbert Ave Milwaukee, WI | 3.0 | 2.0 | 1414 | $1,620 | $1.15 | 5d | 1 | 1.22mi |
| 5884 N 35th St Milwaukee, WI | 2.0 | 1.0 | 1200 | $1,500 | $1.25 | 44d | 1 | 1.22mi |
| 3931 W Kaul Ave Milwaukee, WI | 3.0 | 1.0 | 1400 | $1,695 | $1.21 | 44d | 1 | 1.25mi |
| 5905 N 66th St Unit 66th Lower Milwaukee, WI | 3.0 | 1.0 | 1000 | $1,600 | $1.60 | 17d | 1 | 1.30mi |
| 6110 N 39th St Milwaukee, WI | 2.0 | 1.0 | 703 | $1,395 | $1.98 | 5d | 1 | 1.31mi |
| 6148 N 39th St Milwaukee, WI | 2.0 | 1.0 | 792 | $1,175 | $1.48 | 44d | 1 | 1.36mi |
| 5956 N 67th St Milwaukee, WI | 2.0 | 1.0 | 925 | $1,250 | $1.35 | 44d | 1 | 1.37mi |
| 5958 N 67th St Milwaukee, WI | 2.0 | 1.0 | 925 | $1,250 | $1.35 | 5d | 1 | 1.38mi |
| 4139 N 50th St Milwaukee, WI | 3.0 | 1.0 | 1275 | $1,600 | $1.25 | 44d | 1 | 1.41mi |
Listing history 40 events
-
2026-06-18days on market $114,900 Active 91 DOM
-
2026-06-17days on market $114,900 Active 90 DOM
-
2026-06-16days on market $114,900 Active 89 DOM
-
2026-06-15pricedays on market $114,900 Active 88 DOM
-
2026-06-13days on market $119,900 Active 86 DOM
-
2026-06-13days on market $119,900 Active 85 DOM
-
2026-06-09days on market $119,900 Active 82 DOM
-
2026-06-08days on market $119,900 Active 81 DOM
-
2026-06-07days on market $119,900 Active 80 DOM
-
2026-06-05days on market $119,900 Active 77 DOM
-
2026-06-03days on market $119,900 Active 76 DOM
-
2026-06-02days on market $119,900 Active 75 DOM
-
2026-06-02price $119,900 Active 74 DOM
-
2026-06-01days on market $124,900 Active 74 DOM
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2026-05-31days on market $124,900 Active 73 DOM
-
2026-05-09price $124,900 329-char remark
Show marketing remark (329 chars)
Welcome home to this charming 3-bedroom, 1-bath 1.5-story home full of potential. The home features a full basement with a sink, providing added utility and flexibility for storage, hobbies, or future possibilities. With its inviting layout and opportunity to add your personal touch, this property is ready for its next chapter!
-
2026-04-23price $134,900 329-char remark
Show marketing remark (329 chars)
Welcome home to this charming 3-bedroom, 1-bath 1.5-story home full of potential. The home features a full basement with a sink, providing added utility and flexibility for storage, hobbies, or future possibilities. With its inviting layout and opportunity to add your personal touch, this property is ready for its next chapter!
-
2026-03-27price $144,900 329-char remark
Show marketing remark (329 chars)
Welcome home to this charming 3-bedroom, 1-bath 1.5-story home full of potential. The home features a full basement with a sink, providing added utility and flexibility for storage, hobbies, or future possibilities. With its inviting layout and opportunity to add your personal touch, this property is ready for its next chapter!
-
2026-03-19$154,900 Active 329-char remark
Show marketing remark (329 chars)
Welcome home to this charming 3-bedroom, 1-bath 1.5-story home full of potential. The home features a full basement with a sink, providing added utility and flexibility for storage, hobbies, or future possibilities. With its inviting layout and opportunity to add your personal touch, this property is ready for its next chapter!
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2023-12-13soldstatus $1,450,000
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2021-09-08soldstatus $102,500
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2021-08-30soldstatus $96,593 Sold 418-char remark
Show marketing remark (418 chars)
Updated and Move-In ready 3br, 1ba home is located close to McGovern Park and public transportation. Spacious living room with new floors flows into updated, eat-in kitchen. Large main bedroom with new carpet is on the first floor and has dual closets. 2nd and 3rd floor bedrooms with new carpet are located at the top of the stairs. 3rd bedroom has a walk-in closet. Cute back yard with plenty of parking in the rear.
-
2021-08-16status Pending 418-char remark
Show marketing remark (418 chars)
Updated and Move-In ready 3br, 1ba home is located close to McGovern Park and public transportation. Spacious living room with new floors flows into updated, eat-in kitchen. Large main bedroom with new carpet is on the first floor and has dual closets. 2nd and 3rd floor bedrooms with new carpet are located at the top of the stairs. 3rd bedroom has a walk-in closet. Cute back yard with plenty of parking in the rear.
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2021-08-10historical Contingent 418-char remark
Show marketing remark (418 chars)
Updated and Move-In ready 3br, 1ba home is located close to McGovern Park and public transportation. Spacious living room with new floors flows into updated, eat-in kitchen. Large main bedroom with new carpet is on the first floor and has dual closets. 2nd and 3rd floor bedrooms with new carpet are located at the top of the stairs. 3rd bedroom has a walk-in closet. Cute back yard with plenty of parking in the rear.
-
2021-08-03price $114,900 418-char remark
Show marketing remark (418 chars)
Updated and Move-In ready 3br, 1ba home is located close to McGovern Park and public transportation. Spacious living room with new floors flows into updated, eat-in kitchen. Large main bedroom with new carpet is on the first floor and has dual closets. 2nd and 3rd floor bedrooms with new carpet are located at the top of the stairs. 3rd bedroom has a walk-in closet. Cute back yard with plenty of parking in the rear.
-
2021-07-07price $119,900 418-char remark
Show marketing remark (418 chars)
Updated and Move-In ready 3br, 1ba home is located close to McGovern Park and public transportation. Spacious living room with new floors flows into updated, eat-in kitchen. Large main bedroom with new carpet is on the first floor and has dual closets. 2nd and 3rd floor bedrooms with new carpet are located at the top of the stairs. 3rd bedroom has a walk-in closet. Cute back yard with plenty of parking in the rear.
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2021-06-16$129,900 Active 418-char remark
Show marketing remark (418 chars)
Updated and Move-In ready 3br, 1ba home is located close to McGovern Park and public transportation. Spacious living room with new floors flows into updated, eat-in kitchen. Large main bedroom with new carpet is on the first floor and has dual closets. 2nd and 3rd floor bedrooms with new carpet are located at the top of the stairs. 3rd bedroom has a walk-in closet. Cute back yard with plenty of parking in the rear.
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2017-11-03soldstatus $28,000 Sold
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2017-10-25historical Contingent
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2017-10-16$34,900 Active
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2017-09-21historical
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2017-07-26$65,000 Active
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2014-04-11soldstatus $56,100
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2014-03-11soldstatus $56,100
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2013-05-31$29,900
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2013-05-31historical
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2013-05-28soldstatus $27,125
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2005-10-10soldstatus $97,500
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2005-09-29soldstatus $97,500
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2005-06-02soldstatus $42,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast WI · Partial reset (capped growth)
- Current annual tax
- $2,580 · $215/mo
- Projected year-2 tax
- $2,580 · $215/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥98°F today · 13 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,268
- − Mortgage interest
- −$6,436
- − Property taxes
- −$2,580
- − Insurance
- −$574
- − Repairs & maintenance
- −$1,381
- − Management
- −$1,381
- − Depreciation
- −$3,343
- Taxable income
- $1,572
- Est. tax owed @ 24.0%
- −$377
- After-tax cash flow
- $2,879/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Milwaukee School District
- NCES district ID
- 5509600
- Math proficiency
- 10% ▼ -5.00%
- Reading proficiency
- 18% ▬ 0.00%
- Median HH income
- $36,339
- Composite
- 11.61/100
- National rank
- #9696
- State rank
- #337 of 342 in WI
Livability — Milwaukee
- Score
- 81/100
- State rank
- #55
- US rank
- #1534
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Milwaukee, WI
- County
- Milwaukee County · 926,379 people
- City population
- 573,768
- Metro
- Milwaukee-Waukesha, WI
- Population (ZIP)
- 41,196
- Household income
- $45,642
- Rent vs Own
- Severe rent burden
- 2421.0
Population outlook (Milwaukee County) Hauer SSP2
- Today (2025)
- 995,758 people
- By 2030
- 1,009,124 · +1.3%
- By 2040
- 1,028,128 · +3.3%
- By 2050
- 1,040,066 · +4.4%
- By 2075
- 1,057,849 · +6.2%
- By 2100
- 1,039,774 · +4.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (72%)
- Race & ethnicity
- Black 72% Asian 10% White 10% Hispanic / Latino 5% Two or more races 3%
- Common ancestry
- Romanian 1% Lithuanian 1%
- Foreign-born
- 6% · Philippines, Canada
- Languages at home
- 89% English-only · Other Asian/Pacific 7% Spanish 3%
Political lean MEDSL · Milwaukee
- 2024 margin
- Solid D (+38.5) · D 68.3% · R 29.8% · Other 1.8%
- 2008→2024 swing
- +2.7pp toward D · 2008: 35.9pp · 2024: 38.5pp
- All cycles
- 2024: D+38.5 2020: D+39.9 2016: D+37.5 2012: D+34.6 2008: D+35.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -76.44%
- Current HPI
- 325.1975
- Rent YoY
- ▲ 5.29%
- Metro
- Milwaukee-Waukesha, WI
- State GDP YoY
- ▲ 2.10%
- F500 in state
- 20
Industry mix (Fortune 500 HQ in WI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Machinery | 4 | $23B |
|
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| Industrial Technology | 2 | $36B |
|
||
| Insurance | 1 | $36B |
|
||
| Professional Services | 1 | $19B |
|
||
| Utilities | 1 | $9B |
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| Consumer Goods | 1 | $3B |
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Price history
+193.9% since first listed25 events — show timeline
- 2026-05-09 Price Changed $124,900 METROMLS
- 2026-04-23 Price Changed $134,900 METROMLS
- 2026-03-27 Price Changed $144,900 METROMLS
- 2026-03-19 Listed $154,900 METROMLS
- 2023-12-13 Sold (Public Records) $1,450,000 Public Records
- 2021-09-08 Sold (Public Records) $102,500 Public Records
- 2021-08-30 Sold (MLS) $96,593 METROMLS
- 2021-08-16 Pending — METROMLS
- 2021-08-10 Contingent — METROMLS
- 2021-08-03 Price Changed $114,900 METROMLS
- 2021-07-07 Price Changed $119,900 METROMLS
- 2021-06-16 Listed $129,900 METROMLS
- 2017-11-03 Sold (MLS) $28,000 METROMLS
- 2017-10-25 Contingent — METROMLS
- 2017-10-16 Listed $34,900 METROMLS
- 2017-09-21 Listing Removed — METROMLS
- 2017-07-26 Listed $65,000 METROMLS
- 2014-04-11 Sold (Public Records) $56,100 Public Records
- 2014-03-11 Sold (Public Records) $56,100 Public Records
- 2013-05-31 Listing Removed — METROMLS
- 2013-05-31 Listed $29,900 METROMLS
- 2013-05-28 Sold (MLS) $27,125 METROMLS
- 2005-10-10 Sold (Public Records) $97,500 Public Records
- 2005-09-29 Sold (MLS) $97,500 METROMLS
- 2005-06-02 Sold (Public Records) $42,500 Public Records
Property tax history
+4.5%/yrLatest (2024): $2,580 · +32.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…