Whitewater, WI Real Estate

Whitewater Properties

The City of Whitewater possesses calm neighborhoods and a bedroom community with many attractions. Whitewater is located in Jefferson and Walworth counties, and is nestled just 13 miles south of the Kettle Moraine State Forest. The University of Wisconsin-Whitewater contributes the setting for the type of living in the city. From university events to the economic state, UW-Whitewater has played a key role in establishing the city. While the city sits between two hotbeds of activity, Madison and Milwaukee, it provides many activities.

Real Estate
The area offers a wide-range of real estate to homebuyers. Whitewater properties include unique Ranch homes, Farmettes with upgrades, lavish country estates and lake-view custom homes. Whitewater has an average home listing price of $160,286, which is lower than the Walworth average list price of $200,862. With many students from the UW-Whitewater campus looking to rent in the city, there are many duplexes and apartment houses available in the area. Country Builders, Ehlert Construction and Duval Construction are a few of the home builders in the Whitewater area. Property crime levels are lower than the state’s average, making it a safe environment to settle in.

Amenities
Originally named for the sand and white clay in the river, Whitewater offers a wide variety of outdoor activities including hiking, cross country, skiing, fishing and camping around the Whitewater Lake area. With Kettle Moraine nearby, residents can enjoy many outdoor activities such as hiking, biking, bird watching and cross country skiing.

For those looking for live entertainment and arts, there are several year round events sponsored by the Whitewater Parks and Recreation Department. The city is best known as the home for the University of Wisconsin-Whitewater that hosts internationally recognized performances and cultural activities that everyone can enjoy.

The city hosts many cultural annual events such as Freeze Fest, Maxwell Street Day and the 4th of July Celebration. Other events include the Minneiska Water Ski Shows, which are held every Saturday night on Whitewater Lake and guided walks of the city, which are conducted twice a week.

History
Whitewater has become a beautiful environment that has embraced its rich history. The city was established at the convergence of Whitewater Creek and Spring Brook. A corn mill was built on Lake Cravath (Whitewater creek) and was named for the white sand in their water beds. Whitewater immediately prospered after the first railroad line was created in 1853. The city began to deplete when the two largest employers shutdown operations. The emergence of the University of Wisconsin-Whitewater, which became Wisconsin’s second public college, resurrected the city’s economic state to what it has become today.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Lakeview Elementary School (Whitewater) Whitewater School District Public 200 13 LAKEVIEW ELEMENTARY SCHOOL GreatSchools Rating
Lincoln Inquiry Charter School (Whitewater) Whitewater School District Public 385 15 LINCOLN INQUIRY CHARTER SCHOOL GreatSchools Rating
Washington Elementary School (Whitewater) Whitewater School District Public 340 12 WASHINGTON ELEMENTARY SCHOOL GreatSchools Rating
Whitewater High School (Whitewater) Whitewater School District Public 556 14 WHITEWATER HIGH SCHOOL GreatSchools Rating
Whitewater Middle School (Whitewater) Whitewater School District Public 406 13 WHITEWATER MIDDLE SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 19,563 103,613 5,852,878
Total Households 6,774 40,209 2,349,819
Total Families 3,493 26,491 1,516,725
Percent Male 51% 50% 50%
Percent Female 49% 50% 50%
White Collar Jobs 49% 50% 58%
Blue Collar Jobs 51% 50% 42%

Top Occupations

Professions Population Employed
Food 1,666
Professional Services 1,430
Healthcare 844
Sales 728
Maintenance 578
Manufacturing 508
Management 408
Education 368
Transportation 316
Social Services 179

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 461 4,085 224,571
High School Graduate 2,818 21,934 1,256,597
Some College 2,378 15,690 833,955
Associates Degree 841 6,032 410,260
Bachelors Degree 1,982 12,073 747,113
Graduate Degree 1,473 7,054 384,121

Education Attainment


Market Conditions
Market Conditions for Whitewater - August 2020 | Shorewest Realtors®
August 2020

Market Conditions for Whitewater

Median Sale Price Graph

Median Sale Price

The median sale price for homes in August was $295,000. The median sales price for homes in August rose by $35,100 compared to last month. This represents a 13.5% increase from July. Compared to the same month last year, the median price of homes rose by $97,500 representing a 49.36% 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 Graph

Homes for Sale

The inventory of homes for sale rose by 2 in August to 35. This represents 6.06% increase from July when 33 homes were on the market. Compared to the same month last year when there were 48 homes for sale, the inventory of homes for sale has fallen by 13 representing a -27.08% 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 Graph

Homes Sold

The 9 homes sold in August was 1 less than in July. This represents a 10% decrease in sales from July. Compared to the same month last year, the number of homes sold decreased by 5, a -35.71% year-over-year decrease.

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.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in August (11) decreased by 47 days compared to July. This represents a 81.03% 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 45, a -80.35% 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

Sale/List Price Ratio

The Sale/List Price Ratio of 95.89% in August fell by 3.4% compared to July and increased 3.56% 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 Graph

New Homes

The number of homes listed in August (12) fell by 3 compared to July, a 20% change. Compared to August 2019, the number of new listings remained level

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 Graph

Median List Price

The median list price in August was $199,900. The median list price for homes in August fell by ($20,000) compared to last month. This represents a 9.09% decrease from July. Compared to the same month last year, the median list price of homes decreased ($24,550) representing a -10.93% 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.




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