West Allis, WI Real Estate
Information for the community of West Allis
West Allis Real Estate
Schools Near West Allis
District | Type | Enrollment # | Student Teacher Ratio | Test Score Rank | |
Central High (West Allis) | West Allis-west Milwaukee School District | Public | 1007 | 14 |
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Deeper Learning Virtual Academy (West Allis) | West Allis-west Milwaukee School District | Public | 99 | 12 |
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Frank Lloyd Wright Intermediate (West Allis) | West Allis-west Milwaukee School District | Public | 761 | 13 |
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Franklin Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 229 | 14 |
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Horace Mann Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 398 | 12 |
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Irving Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 371 | 12 |
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James E Dottke Alternative School (West Allis) | West Allis-west Milwaukee School District | Public | 159 | 14 |
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Jefferson Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 412 | 15 |
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Lane Intermediate (West Allis) | West Allis-west Milwaukee School District | Public | 381 | 12 |
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Lincoln Intermediate (West Allis) | West Allis-west Milwaukee School District | Public | 251 | 13 |
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Longfellow Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 143 | 12 |
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Madison Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 146 | 12 |
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Mitchell Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 253 | 14 |
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Nathan Hale High (West Allis) | West Allis-west Milwaukee School District | Public | 1261 | 17 |
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Shared Journeys (West Allis) | West Allis-west Milwaukee School District | Public | 2 | 4 |
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Walker Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 249 | 14 |
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Wilson Elementary (West Allis) | West Allis-west Milwaukee School District | Public | 383 | 14 |
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Market Conditions for West Allis
Median Sale Price
The median sale price for homes in January was $221,000. The median sales price for homes in January fell by ($34,000) compared to last month. This represents a 13.33% decrease from December. Compared to the same month last year, the median price of homes fell by ($18,950) representing a -7.89% 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 January to 52. This represents 8.33% increase from December when 48 homes were on the market. Compared to the same month last year when there were 32 homes for sale, the inventory of homes for sale has risen by 20 representing a 62.5% 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 39 homes sold in January was 14 less than in December. This represents a 26.41% decrease in sales from December. Compared to the same month last year, the number of homes sold increased by 9, a 30% 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.
Avg Days on Market
The average days on market for a home sold in January (35) increased by 19 days compared to December. This represents a 118.75% 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 increased by 16, a 84.21% 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 98.42% in January fell by 2.24% compared to December and decreased 1.68% 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 January (47) rose by 18 compared to December, a 62.06% change. Compared to January 2024, the number of new listings increased by 15, a 46.87% 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
The median list price in January was $245,000. The median list price for homes in January fell by ($20,000) compared to last month. This represents a 7.54% decrease from December. Compared to the same month last year, the median list price of homes increased $19,250 representing a 8.52% 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.