Hales Corners, WI 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.

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.

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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.

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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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Hales Corners properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Core4 (Greenfield) Whitnall School District charter 115 Not Provided Core4 GreatSchools Rating
Edgerton Elementary School (Hales Corners) Whitnall School District public 412 Not Provided Edgerton Elementary School GreatSchools Rating
Hales Corners Elementary School (Hales Corners) Whitnall School District public 560 Not Provided Hales Corners Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Hales Corners Lutheran School (Hales Corners) private 498 Not Provided Hales Corners Lutheran School GreatSchools Rating
Messiah Lutheran School (Hales Corners) private 0 Not Provided Messiah Lutheran School GreatSchools Rating
St Mary Parish School (Hales Corners) private 0 Not Provided St Mary Parish School GreatSchools Rating
Whitnall Middle School (Greenfield) Whitnall School District public 506 Not Provided Whitnall Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Whitnall High School (Greenfield) Whitnall School District public 816 Not Provided Whitnall High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 7,761 946,679 5,687,217
Total Households 3,232 379,747 2,286,339
Total Families 2,038 218,280 1,476,860
Population Density 2,424 184,397 437,888
Percent Male 48% 48% 50%
Percent Female 52% 52% 50%
White Collar Jobs 73% 59% 55%
Blue Collar Jobs 28% 41% 45%

Top Occupations

Professions Population Employed
Manufacturing 842
Healthcare 736
Sales 729
Transportation 676
Retail 655
Information, Scientific and Technical 635
Management 582
Education 462
Professional Services 345
Arts and Media 326

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 3,458 417,541 2,620,437
Owner Occupied Housing Units 2,071 197,205 1,568,389
Renter Occupied Housing Units 1,161 182,547 717,965
Vacant Housing Units 227 37,793 334,086
Occupancy Rate 93% 91% 87%
Vehicles Per Housing Unit 2 51 1,560

Commute Time To Work

  City County State
Less than 5 minutes 147 9,984 128,186
5 - 14 minutes 943 40,227 375,192
15 - 29 minutes 1,811 79,919 445,034
30 - 44 minutes 803 61,159 288,277
45-59 minutes 192 17,175 143,851
Over 60 minutes 24 9,729 80,648

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 442 87,304 374,133
High School Graduate 1,520 175,945 1,258,952
Some College 1,187 131,284 808,107
Associates Degree 419 42,392 355,880
Bachelors Degree 1,385 108,332 663,912
Graduate Degree 559 41,497 242,796

Education Attainment


Market Conditions

Market Conditions for Hales Corners

August 2017

Median Sale Price
$252,000

 UP 25.93%
vs. Month Ago
Homes for Sale


  %
vs. Month Ago
Homes Sold
7

 DOWN -12.50%
vs. Month Ago
Avg Days on Market
22

 DOWN -38.88%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $252,000. The median sales price for homes in August rose by $51,900 compared to last month. This represents a 25.93% increase from July. Compared to the same month last year, the median price of homes rose by $13,000 representing a 5.43% 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

The inventory of homes for sale remained level in August to . Compared to the same month last year when there were homes for sale, the inventory of homes for sale has did not change representing a % 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

The inventory of homes for sale remained level in August to . Compared to the same month last year when there were homes for sale, the inventory of homes for sale has did not change representing a % 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.

Avg Days on Market

The average days on market for a home sold in August (22) decreased by 14 days compared to July. This represents a 38.88% 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 21, a -48.83% 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

The Sale/List Price Ratio of 98.09% in August fell by 0.4% compared to July and decreased 0.84% 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

The number of homes listed in August (15) rose by 5 compared to July, a 50% change. Compared to August 2016, the number of new listings increased by 1, a 7.14% 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 Homes

The median list price in August was $239,900. The median list price for homes in August fell by ($28,850) compared to last month. This represents a 10.73% decrease from July. Compared to the same month last year, the median list price of homes increased $24,450 representing a 11.34% 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.




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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