Oak Creek, WI Real Estate

Oak Creek, Wisconsin Real Estate

Oak Creek, Wisconsin is located just 20 minutes south of Milwaukee and is home to roughly 35,000 Wisconsinites. The City of Oak Creek is one of the best places to live near Milwaukee with its unique combination of urban settings and suburban landscapes. Oak Creek, “Where City Meets Country,” has all of the rural charm of a suburb with the convenience of bustling Downtown Milwaukee.

 

Real Estate in Oak Creek, Wisconsin

Homes for sale in Oak Creek are diverse and plentiful. There are plenty of single-family homes, duplexes, condominiums and apartments for sale and for rent. The larger lots that are characteristic of Oak Creek create plenty of room to grow an existing house or build your own dream home! Oak Creek is one of the safest neighborhoods close to downtown Milwaukee.

 

Living in Oak Creek

Oak Creek has a wide variety of recreational activities in addition to everything nearby Milwaukee has to offer. Take a walk in Bender Park and look out on the beautiful Lake Michigan, ride your bike down the Oak Leaf Bike Trail or let your dog run wild at the Milwaukee County Dog Park. Stop in at the Oak Creek Historical Society, which maintains five historical buildings and one building full of archives. This museum complex is a can’t-miss in Oak Creek, Wisconsin!

For a genuine Wisconsin Friday Fish Fry in Oak Creek, stop in at Erv’s Mug. Every Friday Erv’s Mug presents an enormous plate of perfectly prepared cod and a mountain of fries. Paired with a craft beer, you’ll have a true Wisconsin feast! Aside from the Fish Fry, Erv’s has a huge variety of personal entrees. Whatever you choose to order, get a side of sweet potato fries. The accompanying marshmallow dipping sauce is worth it alone! For local delivery pizza, count on Marco’s. Try their Pizza Bianca, the white sauce is amazing, or get their signature Marco Rollo calzone stuffed to the seams with your favorite toppings!

For family fun in Oak Creek, don’t miss the Labor Day LionsFest put on every year by the Oak Creek Lions. Live music, carnival rides, a car show and delicious grilled food come together to make this festival an incredible annual event. The smell of the sweet roasted corn floats through Oak Creek during this four-day festival; the smell is absolutely heavenly! The City of Oak Creek is in the process of designing a brand new library in the new Drexel Town Square. The new library will be warm and inviting as well as offer the most advanced technology and exciting activities.

 

Working in Oak Creek

The city of Oak Creek is clearly business driven. The South Suburban Chamber of Commerce (formerly known as SECUB) is an organization that is dedicated to the growth and success of business professionals in Oak Creek and nearby Franklin. A few of the major employers in Oak Creek are UPS and Bucyrus International, but Oak Creek’s proximity to downtown Milwaukee makes it a beautiful suburban alternative to the abundant business opportunities in the city.

 

Oak Creek, Wisconsin Schools

Oak Creek has an exceptional educational system. The city is served by the Oak Creek-Franklin Joint School District and contains six elementary schools, two middle schools and Oak Creek High School. Oak Creek schools provide a desirable combination of academic rigor, athletic excellence and artistic development that makes it a great place for students to grow into respectful, responsible adults.

 

History of Oak Creek

Oak Creek began as a portion of the Town of Lake, which included all of Milwaukee County south of what is now Greenfield Avenue. In 1840, what is now Oak Creek split off from the Town of Kinnikennick (present day Greenfield and Franklin) to become its own entity. Today, Oak Creek is one of the most desirable neighborhoods just minutes from downtown Milwaukee that provides a unique combination of urban conveniences and rural comfort.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Carollton Elementary School (Oak Creek) Oak Creek-franklin Joint School District Public 425 18 CAROLLTON ELEMENTARY SCHOOL GreatSchools Rating
Cedar Hills Elementary School (Oak Creek) Oak Creek-franklin Joint School District Public 320 16 CEDAR HILLS ELEMENTARY SCHOOL GreatSchools Rating
Deerfield Elementary School (Oak Creek) Oak Creek-franklin Joint School District Public 446 13 DEERFIELD ELEMENTARY SCHOOL GreatSchools Rating
Edgewood Elementary School (Oak Creek) Oak Creek-franklin Joint School District Public 395 15 EDGEWOOD ELEMENTARY SCHOOL GreatSchools Rating
Meadowview Elementary School (Oak Creek) Oak Creek-franklin Joint School District Public 330 17 MEADOWVIEW ELEMENTARY SCHOOL GreatSchools Rating
Oak Creek East Middle School (Oak Creek) Oak Creek-franklin Joint School District Public 900 15 OAK CREEK EAST MIDDLE SCHOOL GreatSchools Rating
Oak Creek High School (Oak Creek) Oak Creek-franklin Joint School District Public 2024 17 OAK CREEK HIGH SCHOOL GreatSchools Rating
Oak Creek West Middle School (Oak Creek) Oak Creek-franklin Joint School District Public 460 14 OAK CREEK WEST MIDDLE SCHOOL GreatSchools Rating
Shepard Hills Elementary School (Oak Creek) Oak Creek-franklin Joint School District Public 400 19 SHEPARD HILLS ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 36,717 941,714 5,852,878
Total Households 15,116 384,017 2,349,819
Total Families 9,580 220,895 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 56% 62% 58%
Blue Collar Jobs 44% 38% 42%

Top Occupations

Professions Population Employed
Professional Services 4,040
Sales 2,495
Manufacturing 1,905
Healthcare 1,688
Maintenance 1,495
Transportation 1,494
Food 1,268
Management 1,075
Information, Scientific and Technical 726
Construction 591

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 1,032 53,479 224,571
High School Graduate 7,209 172,102 1,256,597
Some College 5,723 133,120 833,955
Associates Degree 2,875 47,432 410,260
Bachelors Degree 5,535 117,670 747,113
Graduate Degree 2,454 64,311 384,121

Education Attainment


Market Conditions
Market Conditions for Oak Creek - July 2020 | Shorewest Realtors®
July 2020

Market Conditions for Oak Creek

Median Sale Price Graph

Median Sale Price

The median sale price for homes in July was $285,000. The median sales price for homes in July rose by $27,000 compared to last month. This represents a 10.46% increase from June. Compared to the same month last year, the median price of homes rose by $70,000 representing a 32.55% 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 July to 68. This represents 1.49% increase from June when 67 homes were on the market. Compared to the same month last year when there were 92 homes for sale, the inventory of homes for sale has fallen by 24 representing a -26.08% 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 47 homes sold in July was 10 more than in June. This represents a 27.02% increase in sales from June. Compared to the same month last year, the number of homes sold increased by 12, a 34.28% 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 July (15) decreased by 8 days compared to June. This represents a 34.78% 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 6, a -28.57% 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 100.51% in July rose by 0.28% compared to June and increased 1.72% 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 July (44) fell by 4 compared to June, a 8.33% change. Compared to July 2019, the number of new listings decreased by 14, a -24.13% 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 July was $279,950. The median list price for homes in July fell by ($4,300) compared to last month. This represents a 1.51% decrease from June. Compared to the same month last year, the median list price of homes increased $8,000 representing a 2.94% 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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