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 9,840 102,952 5,687,217
Total Households 3,852 39,261 2,286,339
Total Families 2,836 25,953 1,476,860
Population Density 163 3,317 437,888
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 63% 59% 55%
Blue Collar Jobs 37% 41% 45%

Top Occupations

Professions Population Employed
Retail 995
Manufacturing 987
Healthcare 966
Transportation 942
Sales 903
Education 674
Management 660
Professional Services 576
Information, Scientific and Technical 523
Arts and Media 450

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 4,312 51,453 2,620,437
Owner Occupied Housing Units 3,164 26,920 1,568,389
Renter Occupied Housing Units 688 12,342 717,965
Vacant Housing Units 424 12,133 334,086
Occupancy Rate 90% 76% 87%
Vehicles Per Housing Unit 2 26 1,560

Commute Time To Work

  City County State
Less than 5 minutes 180 2,437 128,186
5 - 14 minutes 1,189 8,396 375,351
15 - 29 minutes 1,534 7,872 444,986
30 - 44 minutes 1,532 5,139 288,856
45-59 minutes 555 3,384 143,851
Over 60 minutes 294 2,993 80,684

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 401 6,901 374,133
High School Graduate 2,425 21,720 1,258,952
Some College 1,466 14,338 808,107
Associates Degree 638 5,904 355,880
Bachelors Degree 1,271 11,061 663,912
Graduate Degree 518 4,187 242,795

Education Attainment


Market Conditions

Market Conditions for East Troy

August 2017

Median Sale Price
$230,000

 UP 4.59%
vs. Month Ago
Homes for Sale
62

 UP 8.77%
vs. Month Ago
Homes Sold
7

 DOWN -46.15%
vs. Month Ago
Avg Days on Market
43

 DOWN -2.27%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $230,000. The median sales price for homes in August rose by $10,100 compared to last month. This represents a 4.59% increase from July. Compared to the same month last year, the median price of homes fell by ($43,500) representing a -15.9% 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 5 in August to 62. This represents 8.77% increase from July when 57 homes were on the market. Compared to the same month last year when there were 79 homes for sale, the inventory of homes for sale has fallen by 17 representing a -21.51% 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 5 in August to 62. This represents 8.77% increase from July when 57 homes were on the market. Compared to the same month last year when there were 79 homes for sale, the inventory of homes for sale has fallen by 17 representing a -21.51% 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 (43) decreased by 1 days compared to July. This represents a 2.27% 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 16, a -27.11% 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 93.76% in August fell by 4.75% compared to July and increased 0.45% 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 (16) rose by 1 compared to July, a 6.66% change. Compared to August 2016, the number of new listings increased by 2, a 14.28% 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 $269,900. The median list price for homes in August rose by $40,900 compared to last month. This represents a 17.86% increase from July. Compared to the same month last year, the median list price of homes decreased ($124,550) representing a -31.57% year-over-year decrease.

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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