Brown Deer, WI Real Estate

Brown Deer Properties

The Village of Brown Deer is a community that is located in northern Milwaukee County. Populated by 11,776 people, the village offers many recreational opportunities. Positioned near I-43, the village provides easy access to downtown Milwaukee and surrounding attractions.

The Brown Deer housing market offers a wide selection of homes for sale, ranging from the 1950s to newly constructed homes. A home buyer can find English Tudors, French Country, Georgian Revival and Colonials within the area. Single-story homes with winding driveways are also a preferred choice in the village. The cost of a home ranges from $110,000 – $300,000.

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The Brown Deer area offers many recreational opportunities around the village. The village is home to a golfer’s paradise, Brown Deer Golf Course. This establishment was home to the Greater Milwaukee Open, which attracted the Pro Golfers Association’s finest. The 18-hole golf course was ranked one of the top five public golf courses in the nation. Brown Deer Park features acres of land for families to enjoy. Residents can bike, hike and cross-country ski in the well maintained trails of the park. The area has been developing more strip malls and stores to the current diverse shopping experience.

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The land where Brown Deer was established was first settled by settlers in search of agricultural land from the East Coast. A small community was built after a separation of seven townships in the Milwaukee area in 1841. There are a few legends about how the village received its name such as “a deer jumped through a saloon door and broke up a card game in progress;” but it has been established that the name was claimed well before those stories were told. Talks about incorporating the town came to fruition in 1953.

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Brown Deer properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Brown Deer Elementary (Brown Deer) Brown Deer School District public 800 Not Provided Brown Deer Elementary GreatSchools Rating
Dean Elementary School (Brown Deer) Brown Deer School District public 559 Not Provided Dean Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Brown Deer Middle/High School (Brown Deer) Brown Deer School District public 562 Not Provided Brown Deer Middle/High School GreatSchools Rating
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Market Conditions
Market Conditions for Brown Deer - November 2019 | Shorewest Realtors®
November 2019

Market Conditions for Brown Deer

Median Sale Price Graph

Median Sale Price

The median sale price for homes in November was $173,500. The median sales price for homes in November rose by $15,500 compared to last month. This represents a 9.81% increase from October. Compared to the same month last year, the median price of homes rose by $23,600 representing a 15.74% year-over-year change.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 13 in November to 40. This represents 24.52% decrease from October when 53 homes were on the market. Compared to the same month last year when there were 40 homes for sale, the inventory of homes for sale has did not change 0 representing a 0% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 20 homes sold in November was 8 more than in October. This represents a 66.66% increase in sales from October. Compared to the same month last year, the number of homes sold increased by 1, a 5.26% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in November (29) decreased by 6 days compared to October. This represents a 17.14% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 13, a -30.95% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 98.91% in November rose by 4.92% compared to October and increased 5.01% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in November (11) fell by 12 compared to October, a 52.17% change. Compared to November 2018, the number of new listings decreased by 8, a -42.1% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in November was $155,000. The median list price for homes in November fell by ($15,000) compared to last month. This represents a 8.82% decrease from October. Compared to the same month last year, the median list price of homes decreased ($13,900) representing a -8.22% year-over-year decrease.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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