Hales Corners, WI Real Estate

Hales Corners Real Estate

The Village of Hales Corners is a quaint Milwaukee County community with a perimeter of just 3.2 square miles. The historic village is surrounded by the cities of New Berlin, Franklin, Greenfield, and the village of Greendale. Hales Corner is well-known for its excellent shopping venues and a quality school district. Populated by 7,719 people, the village is a safe and lovely place to settle.

Real Estate
The Hales Corners housing market offers an array of homes for sale. The selection of single-family homes in the area include Ranches with large lots, spacious Colonials, and private residential houses with more than four bedrooms. The average cost of a home in Hales Corners is $220,780 with the cost of living at 2.31 percent lower than the U.S. average.

Amenities
The village is famous around the world because of the Boerner Botanical Gardens.  The gardens host numerous events including weddings, garden walks, festivals, concerts, and art exhibits.

Whitnall Park has acres of space for the whole family to enjoy. Residents take pleasure in nature trails, the native-plant community, and picnic areas. Trails are well-groomed so cross-country skiers can view the beautiful landscape throughout the park. Whitnall Park Golf Course offers golfers with any experience an 18-hole paradise.

Hales Corners is home to the Alpha Trail, a mountain biker’s dream. The Alpha Trail offers flat riding near the beautiful Root River. The Crystal Ridge ski slope provides a 200-foot uphill slope for those who want a challenge on the trail. Enjoy the beautiful scenery when you reach the highest point in the county. Metro Mountain Bikers hold a race series from May to mid-September.

History
The Potawotomi and Menominee tribes were required to move west from the area by a treaty. The land was sold for less than $1.50 per acre to new settlers by the United States government in the 1830s.

Brothers, Seneca and William Hale purchased 160-acres of land in 1837. Ebenezer, their father, purchased another 160-acres of land on the east side of the area. Three of the four corners were claimed by the Hale family. Its popularity for agricultural opportunities created a market for commercial development.

The area was first called “Hale’s Corners” after William Hale who became the first postmaster (apostrophe was removed and the name remained). The area became a base for commercial and residential properties. Hales Corners was incorporated as a village in 1952.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Edgerton Elementary School (Hales Corners) Whitnall School District Public 470 16 EDGERTON ELEMENTARY SCHOOL GreatSchools Rating
Hales Corners Elementary School (Hales Corners) Whitnall School District Public 630 15 HALES CORNERS ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 7,741 941,714 5,852,878
Total Households 3,319 384,017 2,349,819
Total Families 2,060 220,895 1,516,725
Percent Male 48% 49% 50%
Percent Female 52% 51% 50%
White Collar Jobs 61% 62% 58%
Blue Collar Jobs 39% 38% 42%

Top Occupations

Professions Population Employed
Professional Services 696
Healthcare 512
Sales 341
Maintenance 269
Education 191
Food 188
Management 178
Social Services 167
Transportation 123
Manufacturing 114

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 207 53,479 224,571
High School Graduate 1,525 172,102 1,256,597
Some College 1,088 133,120 833,955
Associates Degree 481 47,432 410,260
Bachelors Degree 1,406 117,670 747,113
Graduate Degree 807 64,311 384,121

Education Attainment


Market Conditions
Market Conditions for Hales Corners - April 2020 | Shorewest Realtors®
April 2020

Market Conditions for Hales Corners

Median Sale Price Graph

Median Sale Price

The median sale price for homes in April was $250,500. The median sales price for homes in April rose by $10,600 compared to last month. This represents a 4.41% increase from March. Compared to the same month last year, the median price of homes rose by $20,500 representing a 8.91% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 1 in April to 8. This represents 14.28% increase from March when 7 homes were on the market. Compared to the same month last year when there were 3 homes for sale, the inventory of homes for sale has risen by 5 representing a 166.66% 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 4 homes sold in April was 7 less than in March. This represents a 63.63% decrease in sales from March. Compared to the same month last year, the number of homes sold decreased by 10, a -71.42% year-over-year decrease.

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 April (12) decreased by 45 days compared to March. This represents a 78.94% 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 17, a -58.62% 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 103.52% in April rose by 6.94% compared to March and increased 5.2% 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 April (5) fell by 1 compared to March, a 16.66% change. Compared to April 2019, the number of new listings decreased by 3, a -37.5% 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 April was $269,900. The median list price for homes in April fell by ($17,550) compared to last month. This represents a 6.1% decrease from March. Compared to the same month last year, the median list price of homes increased $2,450 representing a 0.91% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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