Mukwonago, WI Real Estate

Mukwonago, Wisconsin Real Estate

Located 30 miles west of Milwaukee, Mukwonago is home to more than 7,300 residents and many commercial and industrial businesses. Mukwonago is a village that has an appreciation for balancing quality of life with economic development. As such, one can expect to find a rustic, homey ambiance when visiting Mukwonago; an ambiance that also accommodates the modern integrity of rapid commercial and industrial growth.

Amenities
There is much to do in Mukwonago. On the weekends, locals often attend one of the many golf courses or country clubs in the village. Outdoorsmen favor the many hiking and camping sites located throughout the area. The Mukwonago River, the second most pristine river in Wisconsin, provides a great venue for boating and fishing. There are also bike trails which lead to all kinds of exciting destinations such as the Kettle Moraine Southern Unit, home of the Ice Age Trail. For the truly adventurous, helicopter rides and skydiving are available. And in the winter, residents enjoy the local ice fishing and snowmobiling.

Close by, there is an annual mass influx of people at the outdoor concerts at Alpine Valley. The venue for these concerts is conveniently located between Milwaukee, Madison and Chicago, and thus, draws many attendees. Mukwonago also has its own version of Summerfest, which includes a carnival, parade, car show and lots of live music.

For those with an affinity for shopping, events such as Fall Fest, Midnight Magic and Maxwell Street Days should surely satisfy your needs. Fall Fest features shopping, live music, a car show, hay rides and a chili cook off, among other things. Midnight Magic is a Christmas celebration and one of the area’s best known events. It features shopping, a parade, fireworks, carriage rides and much more. Maxwell Street Days is a monthly flea market featuring over 650 sellers offering a variety of goods.

For a bit of history, the Mukwonago Museum is a place to check out. The museum is interesting in that, it is of two parts. One part houses decorations and furnishings reminiscent of the post-Civil War period. The other contains an entire room devoted to local Native American artifacts. Established in 1967, the museum is a historical gem for the locals.

History
Mequanego was a Native American village and tribal seat of the Bear Clan of Potowatomi Indians. The name Mequanego means, “Place of the Bear.” The name changed to Mukwonago in 1844.

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Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Big Bend Elementary School (Big Bend) Mukwonago School District public 413 Not Provided Big Bend Elementary School GreatSchools Rating
Clarendon Avenue Elementary School (Mukwonago) Mukwonago School District public 517 Not Provided Clarendon Avenue Elementary School GreatSchools Rating
Doubek Elementary School (East Troy) East Troy Community School District public 287 Not Provided Doubek Elementary School GreatSchools Rating
Eagleville Charter School (Eagle) Mukwonago School District charter 81 Not Provided Eagleville Charter School GreatSchools Rating
Prairie View Elementary School (North Prairie) Mukwonago School District public 360 Not Provided Prairie View Elementary School GreatSchools Rating
Prairie View Elementary School (East Troy) East Troy Community School District public 449 Not Provided Prairie View Elementary School GreatSchools Rating
Rolling Hills Elementary School (Mukwonago) Mukwonago School District public 510 Not Provided Rolling Hills Elementary School GreatSchools Rating
Section Elementary School (Mukwonago) Mukwonago School District public 459 Not Provided Section 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
North Cape Elementary School (Mukwonago) North Cape School District public 216 Not Provided North Cape Elementary School GreatSchools Rating
Park View Middle School (Mukwonago) Mukwonago School District public 772 Not Provided Park View Middle School GreatSchools Rating
St. James Catholic School (Mukwonago) private 0 Not Provided St. James Catholic School GreatSchools Rating
St. Johns Evangelical Lutheran School (Mukwonago) private 107 Not Provided St. Johns Evangelical Lutheran 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
Mukwonago Baptist Academy (Mukwonago) private 0 Not Provided Mukwonago Baptist Academy GreatSchools Rating
Mukwonago High School (Mukwonago) Mukwonago School District public 1583 Not Provided Mukwonago High School GreatSchools Rating
Nature's Classroom Montessori (Mukwonago) private 70 Not Provided Nature's Classroom Montessori GreatSchools Rating
Norris High School (Mukwonago) Norris School District public 45 Not Provided Norris High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 19,306 103,982 5,742,119
Total Households 7,429 39,310 2,299,100
Total Families 5,572 25,602 1,469,281
Population Density 311 4,861 446,124
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 63% 58% 56%
Blue Collar Jobs 37% 42% 44%

Top Occupations

Professions Population Employed
Manufacturing 2,140
Healthcare 2,104
Sales 1,766
Transportation 1,583
Management 1,410
Retail 1,379
Information, Scientific and Technical 1,287
Education 990
Natural Resources 945
Construction 914

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 7,697 51,444 2,641,602
Owner Occupied Housing Units 6,169 26,450 1,547,197
Renter Occupied Housing Units 1,258 12,921 751,903
Vacant Housing Units 270 12,073 342,513
Occupancy Rate 96% 77% 87%
Vehicles Per Housing Unit 2 25 1,563

Commute Time To Work

  City County State
Less than 5 minutes 292 2,421 124,926
5 - 14 minutes 1,306 8,863 372,566
15 - 29 minutes 2,980 9,559 450,235
30 - 44 minutes 3,120 5,759 291,973
45-59 minutes 1,356 4,027 152,657
Over 60 minutes 513 3,326 85,757

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 523 6,650 347,427
High School Graduate 4,219 20,901 1,239,522
Some College 2,865 14,858 817,979
Associates Degree 1,616 6,019 390,482
Bachelors Degree 2,889 11,278 713,854
Graduate Degree 1,435 5,104 261,918

Education Attainment


Market Conditions

Market Conditions for Mukwonago

April 2019

Median Sale Price
$262,800

 DOWN -4.43%
vs. Month Ago
Homes for Sale
61

 UP 22.00%
vs. Month Ago
Homes Sold
18

 UP 5.88%
vs. Month Ago
Avg Days on Market
30

 DOWN -14.28%
vs. Month Ago

Median Sale Price

The median sale price for homes in April was $262,800. The median sales price for homes in April fell by ($12,200) compared to last month. This represents a 4.43% decrease from March. Compared to the same month last year, the median price of homes fell by ($27,200) representing a -9.37% 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 11 in April to 61. This represents 22% increase from March when 50 homes were on the market. Compared to the same month last year when there were 59 homes for sale, the inventory of homes for sale has risen by 2 representing a 3.38% 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 18 homes sold in April was 1 more than in March. This represents a 5.88% increase in sales from March. Compared to the same month last year, the number of homes sold increased by 7, a 63.63% 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 April (30) decreased by 5 days compared to March. This represents a 14.28% 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 30, a -50% 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 April fell by 1.11% compared to March and decreased 2.48% 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 April (31) rose by 1 compared to March, a 3.33% change. Compared to April 2018, the number of new listings increased by 3, a 10.71% 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 April was $366,500. The median list price for homes in April fell by ($18,435) compared to last month. This represents a 4.78% decrease from March. Compared to the same month last year, the median list price of homes increased $64,001 representing a 21.15% 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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