Wauwatosa, WI Real Estate

Located in Milwaukee County, the City of Wauwatosa is known as a white-collar community. Wauwatosa has a healthy mixture of upscale homes, office buildings, retail developments and medical facilities. The city’s main commercial district is Mayfair Road, which is lined with office buildings, a variety of restaurants and Mayfair Mall. Industrial activity is concentrated at the northern end of the city, where JC Penney has a major catalog warehouse and Briggs. The city is considered one of the more desirable living areas in Milwaukee County, because of its central metropolitan location.

The Wauwatosa housing market offers a wide selection of homes. The area’s premier housing includes 3-bedroom ranches, bungalows, two-story colonials and English cottages. The historic Washington Highlands are a sought-after residential location, but there are many charming subdivisions. The average cost of a home in Wauwatosa is $201,200.

Search homes for sale in Wauwatosa, WI.

 

Show more

Wauwatosa provides many recreational opportunities to its residents with its village shopping experience, restaurant district and unique park system-golf courses.

Mayfair Mall, one of the most popular regional shopping centers in Milwaukee.

Show more

Wauwatosa properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Eisenhower Elementary School (Wauwatosa) Wauwatosa School District public 452 Not Provided Eisenhower Elementary School GreatSchools Rating
Jefferson Elementary School (Wauwatosa) Wauwatosa School District public 293 Not Provided Jefferson Elementary School GreatSchools Rating
Lincoln Elementary School (Wauwatosa) Wauwatosa School District public 327 Not Provided Lincoln Elementary School GreatSchools Rating
Madison Elementary School (Wauwatosa) Wauwatosa School District public 349 Not Provided Madison Elementary School GreatSchools Rating
McKinley Elementary School (Wauwatosa) Wauwatosa School District public 413 Not Provided McKinley Elementary School GreatSchools Rating
Roosevelt Elementary School (Wauwatosa) Wauwatosa School District public 500 Not Provided Roosevelt Elementary School GreatSchools Rating
Underwood Elementary School (Wauwatosa) Wauwatosa School District public 294 Not Provided Underwood Elementary School GreatSchools Rating
Washington Elementary School (Wauwatosa) Wauwatosa School District public 379 Not Provided Washington Elementary School GreatSchools Rating
Wauwatosa Montessori School (Wauwatosa) Wauwatosa School District public 87 Not Provided Wauwatosa Montessori School GreatSchools Rating
Wauwatosa STEM (Wauwatosa) Wauwatosa School District charter 72 Not Provided Wauwatosa STEM GreatSchools Rating
Wilson Elementary School (Wauwatosa) Wauwatosa School District public 220 Not Provided Wilson Elementary School GreatSchools Rating
Show More
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Christ King School (Wauwatosa) private 0 Not Provided Christ King School GreatSchools Rating
Longfellow Middle School (Wauwatosa) Wauwatosa School District public 821 Not Provided Longfellow Middle School GreatSchools Rating
Mercy Academy (Wauwatosa) private 0 Not Provided Mercy Academy GreatSchools Rating
Our Redeemer Lutheran School (Wauwatosa) private 252 Not Provided Our Redeemer Lutheran School GreatSchools Rating
Pilgrim Lutheran School (Wauwatosa) private 243 Not Provided Pilgrim Lutheran School GreatSchools Rating
St John's Evangelical Lutheran School (Wauwatosa) private 0 Not Provided St John's Evangelical Lutheran School GreatSchools Rating
St. Joseph Elementary School (Wauwatosa) private 0 Not Provided St. Joseph Elementary School GreatSchools Rating
St. Jude the Apostle Grade School (Wauwatosa) private 480 Not Provided St. Jude the Apostle Grade School GreatSchools Rating
St. Pius X Grade School (Wauwatosa) private 0 Not Provided St. Pius X Grade School GreatSchools Rating
Wauwatosa Catholic School (Wauwatosa) private 248 Not Provided Wauwatosa Catholic School GreatSchools Rating
Whitman Middle School (Wauwatosa) Wauwatosa School District public 689 Not Provided Whitman Middle School GreatSchools Rating
Show More
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Carmelite Home For Boys - School (Wauwatosa) private 11 Not Provided Carmelite Home For Boys - School GreatSchools Rating
East High School (Wauwatosa) Wauwatosa School District public 1173 Not Provided East High School GreatSchools Rating
Kradwell School (Wauwatosa) private 92 Not Provided Kradwell School GreatSchools Rating
Milwaukee Academy (Wauwatosa) private 0 Not Provided Milwaukee Academy GreatSchools Rating
Milwaukee Academy (Wauwatosa) private 21 Not Provided Milwaukee Academy GreatSchools Rating
Plank Road Complex (Wauwatosa) Wauwatosa School District public 50 Not Provided Plank Road Complex GreatSchools Rating
Wauwatosa Virtual Academy (Wauwatosa) Wauwatosa School District public 100 Not Provided Wauwatosa Virtual Academy GreatSchools Rating
Wauwatosa Virtual Academy-Statewide (Wauwatosa) Wauwatosa School District charter 18 Not Provided Wauwatosa Virtual Academy-Statewide GreatSchools Rating
Wauwatosa West High School (Wauwatosa) Wauwatosa School District public 1032 Not Provided Wauwatosa West High School GreatSchools Rating
Show More
Market Conditions

Market Conditions for Wauwatosa

September 2017

Median Sale Price
$217,827

 DOWN -15.24%
vs. Month Ago
Homes for Sale
147

 UP 2.79%
vs. Month Ago
Homes Sold
70

 UP 18.64%
vs. Month Ago
Avg Days on Market
35

 UP 20.68%
vs. Month Ago

Median Sale Price

The median sale price for homes in September was $217,827. The median sales price for homes in September fell by ($39,173) compared to last month. This represents a 15.24% decrease from August. Compared to the same month last year, the median price of homes fell by ($20,173) representing a -8.47% 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 rose by 4 in September to 147. This represents 2.79% increase from August when 143 homes were on the market. Compared to the same month last year when there were 151 homes for sale, the inventory of homes for sale has fallen by 4 representing a -2.64% 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 rose by 4 in September to 147. This represents 2.79% increase from August when 143 homes were on the market. Compared to the same month last year when there were 151 homes for sale, the inventory of homes for sale has fallen by 4 representing a -2.64% 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 September (35) increased by 6 days compared to August. This represents a 20.68% increase 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 9, a -20.45% 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 96.94% in September fell by 2.04% compared to August and decreased 1.58% 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 September (85) rose by 10 compared to August, a 13.33% change. Compared to September 2016, the number of new listings increased by 13, a 18.05% 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 September was $239,900. The median list price for homes in September remained unchanged $0 compared to last month. Compared to the same month last year, the median list price of homes increased $30,000 representing a 14.29% 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

  • Heritage Title Services, Inc.
  • The Realty Alliance
  • Wisconsin Mortgage Corporation
  • Leading Real Estate Companies of the World
  • Luxury Portfolio International
  • Shorewest Financial Associates LLC
  • My Dwelling Metro Milwaukee
  • HSA Home Warranty - Because Service Matters