East Troy, WI Real Estate

East Troy, Wisconsin is a vibrant community that is focused on creating an exceptional place to live. The village offers unique environment not expected in a rural area. With a world class outdoor music venue, electric railroad museum and local festivals, East Troy offers plenty of recreational opportunities. The town has a historic village square, shops and restaurants for residents to enjoy. Populated by 4,141, the village offers an excellent place to reside, play and work.

The East Troy housing market offers a wide-selection of homes for sale. Houses on the market include brick Bungalows, immaculate Colonials, beautiful six-bedroom Contemporaries and gorgeous custom-built homes. The average cost of a home in the East Troy area is $198,140 with the cost of living 3.01 percent lower than the U.S. average.

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Alpine Valley Resort provides plenty of year-round activities for residents to enjoy. During the winter season, people can ski and snowboard down the slopes of the valley. The resort has created trails for beginners and the most experienced skiers. Weekend lodging is also offered during the season. During the warmer months, Alpine Valley offers nine and 18-hole golf courses with a picturesque view. Fans gather at Alpine Valley during the summer months to enjoy music concerts from bands all over the world.

East Troy Railroad Museum offers rides on Wisconsin’s last original electric railroad line. Reservations for charters and dinner trains are also available. The museum provides rides on the train from early May – late October.

Booth Lake is the site of water-sports fun. Visitors can swim, water-ski, fish and boat on the lake. A recreational environment provides areas to picnic and play recreational sports.

East Troy Municipal Airport has more than 100 aircrafts for use. The airport provides flights around the Midwest region. Companies within the airport also offer lessons and rent out aircrafts to pilots. The airport has both asphalt and turf runways.

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The first settler of the area was H. Roberts who constructed a saw mill on the shores of Honey Creek. Within four years, the area had a hotel, general store, post office and justice of the peace. The territory was named after where its first settlers came from, Troy, New York. State legislature declared the territory too large and divided the area; creating Meacham (after Jesse Meacham who was an early settler) and Troy.

Jesse Meacham disagreed with the name change and went before the state legislature to keep the name of Troy for the west side of the territory. Jacob Burgit heard about Meacham’s journey to retain the name and headed to the state capitol to fight for the name of Troy. Burgit was too late, so the name of Troy was claimed for the west and East Troy.

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East Troy properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Doubek Elementary School (East Troy) East Troy Community School District public 287 Not Provided Doubek Elementary School GreatSchools Rating
Good Shepherd Lutheran School (East Troy) private 27 Not Provided Good Shepherd Lutheran School GreatSchools Rating
Prairie View Elementary School (East Troy) East Troy Community School District public 449 Not Provided Prairie View Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
East Troy Middle School (East Troy) East Troy Community School District public 382 Not Provided East Troy Middle School GreatSchools Rating
St Pauls Lutheran School (East Troy) private 0 Not Provided St Pauls Lutheran School GreatSchools Rating
St Peter Elementary School (East Troy) private 120 Not Provided St Peter Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
East Troy High School (East Troy) East Troy Community School District public 532 Not Provided East Troy High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 9,585 103,982 5,742,119
Total Households 3,912 39,310 2,299,100
Total Families 2,611 25,602 1,469,281
Population Density 163 4,861 446,124
Percent Male 49% 50% 50%
Percent Female 51% 50% 50%
White Collar Jobs 58% 58% 56%
Blue Collar Jobs 42% 42% 44%

Top Occupations

Professions Population Employed
Manufacturing 1,014
Healthcare 958
Transportation 929
Retail 732
Education 667
Sales 653
Management 614
Construction 506
Natural Resources 466
Arts and Media 416

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 4,323 51,444 2,641,602
Owner Occupied Housing Units 3,128 26,450 1,547,197
Renter Occupied Housing Units 821 12,921 751,903
Vacant Housing Units 374 12,073 342,513
Occupancy Rate 91% 77% 87%
Vehicles Per Housing Unit 2 25 1,563

Commute Time To Work

  City County State
Less than 5 minutes 288 2,421 124,926
5 - 14 minutes 988 8,694 372,397
15 - 29 minutes 1,423 8,119 448,795
30 - 44 minutes 1,135 4,806 291,020
45-59 minutes 732 4,027 152,657
Over 60 minutes 306 3,220 85,651

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 451 6,650 347,427
High School Graduate 2,313 20,901 1,239,522
Some College 1,588 14,858 817,979
Associates Degree 715 6,019 390,482
Bachelors Degree 1,195 11,278 713,854
Graduate Degree 597 4,909 261,723

Education Attainment


Market Conditions

Market Conditions for East Troy

September 2018

Median Sale Price
$277,450

 UP 4.69%
vs. Month Ago
Homes for Sale
34

 DOWN -19.04%
vs. Month Ago
Homes Sold
14

 DOWN -6.66%
vs. Month Ago
Avg Days on Market
37

 DOWN -36.20%
vs. Month Ago

Median Sale Price

The median sale price for homes in September was $277,450. The median sales price for homes in September rose by $12,450 compared to last month. This represents a 4.69% increase from August. Compared to the same month last year, the median price of homes rose by $21,950 representing a 8.59% 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 fell by 8 in September to 34. This represents 19.04% decrease from August when 42 homes were on the market. Compared to the same month last year when there were 63 homes for sale, the inventory of homes for sale has fallen by 29 representing a -46.03% 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 fell by 8 in September to 34. This represents 19.04% decrease from August when 42 homes were on the market. Compared to the same month last year when there were 63 homes for sale, the inventory of homes for sale has fallen by 29 representing a -46.03% 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 (37) decreased by 21 days compared to August. This represents a 36.2% 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 50, a -57.47% 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 97.07% in September rose by 1.26% compared to August and increased 3.42% 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 (9) fell by 8 compared to August, a 47.05% change. Compared to September 2017, the number of new listings decreased by 4, a -30.76% 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 $340,900. The median list price for homes in September fell by ($9,000) compared to last month. This represents a 2.57% decrease from August. Compared to the same month last year, the median list price of homes increased $106,000 representing a 45.12% 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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