Brookfield, WI Real Estate

Brookfield, Wisconsin is the leading commercial suburb of Milwaukee and the second largest city in Waukesha County. It has a rich history, exciting activities and amenities, exceptional schools and a thriving business climate. Coupled with the wide array of housing options, Brookfield, Wisconsin provides the ideal place to live, work and raise a family.

To find properties for sale in Brookfield, click here.

 

Brookfield Real Estate

The housing climate in Brookfield, Wisconsin is just as rich as the business climate, making it an excellent place to build a business or raise a family. The city has low–density developments that encourage its residential character. Although 81.2% of Brookfield homes are single­–family houses, there are also ample Brookfield condos, duplexes and apartments that expand the already wide variety of Brookfield real estate available. Brookfield, Wisconsin’s properties include wonderfully mature subdivisions in a range of price points, reaching all the way to estate–like properties. The pride of property ownership in Brookfield homes is evident through the significantly higher–than–average values of real estate when compared with surrounding communities, in addition to the well–maintained appearance of the homes in Brookfield.

 

Living in Brookfield

Brookfield, Wisconsin homeowners enjoy a wealth of recreational experiences in their city. Brookfield has seven outstanding golf courses, an outdoor roller–blade park, bike trails and countless indoor activities for those Wisconsin winters! Brookfield’s Thursday afternoon and Saturday morning Farmer’s Markets are a summer favorite among residents in addition to Wirth Park with its expansive Aquatic Center. Brookfield’s ParkSide 23 (known locally as PS 23) is the only restaurant in Wisconsin with an on–site farm. Try the Viking Village Scallops, they are decadent and a Brookfield favorite, or head on over to Vino Cappuccino, Brookfield’s authentic Italian restaurant and piano bar. Feeling adventurous? Try their espresso crusted beef tenderloin and breaded zucchini fries. Top the night off at O’Donoghue’s Irish Pub for what Brookfield residents call “all the feel of being in Ireland without the plane ticket” as well as a wide array of draft beers.

Brookfield has a quiet, suburban feel that emanates throughout the entirety of the city; however, its proximity to Milwaukee makes Brookfield an exciting place to live. Less than a 15–mile drive takes Brookfield residents to Milwaukee to experience a wealth of sports teams, museums and other attractions.  A particular favorite is Summerfest, which is touted in the Guinness Book of World Record’s as “The World’s Largest Music Festival” and draws over 700 bands every summer on Milwaukee’s lakefront. Check out everything Brookfield’s neighbor has to offer here.

When summer ends, Brookfield’s schools are known for their academic prowess. The School District of Elmbrook, which services Brookfield and nearby Elm Grove, consists of six elementary schools, two middle schools, two high schools and one special education school, in addition to a variety of private school options. The nearby city of Milwaukee gives Brookfield, Wisconsin students access to reputable colleges and universities such as University of Wisconsin ­­— Milwaukee, Marquette University, Milwaukee School of Engineering and Milwaukee Institute of Art and Design.

 

Brookfield Today

Brookfield is a major business, retail and industrial hub of Southeastern Wisconsin. Brookfield’s active and stable business climate is evident through its more than six million square feet of quality office space, over four million square feet of industrial, flex–tech, and distribution space and over four million square feet of retail space. Brookfield’s almost 40,000 residents appreciate living in the shopping hub of Waukesha County. From Brookfield Square, a sprawling mall touted as one of Wisconsin’s best, to the unique shops on Capitol Drive, Brookfield, Wisconsin residents enjoy a variety of shopping experiences.

 

City of Brookfield

Brookfield Chamber of Commerce

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The land that is Brookfield today was originally home to the Sac and Potowatomi tribes before the French invaded. In 1763, during the French and Indian War, the English gained control. It wasn’t until the American Revolution that Brookfield became a United States territory. Perhaps the most important historical moment of the City of Brookfield occurred in 1850 when the Milwaukee and Mississippi Railroad (present–day Canadian Pacific Rail) built a railroad through town. Still, between 1850 and World War II, Brookfield remained a quiet, primarily agricultural community. One of the most famous Brookfield residents was Al Capone, who favored the quiet town and owned a distillery on Brookfield Road. On August 14, 1954, the City of Brookfield was incorporated under its first Mayor Franklin Wirth. The city’s founders encouraged organized business development in both office and industrial spaces.

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Brookfield properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Banting Elementary School (Waukesha) Waukesha School District public 498 Not Provided Banting Elementary School GreatSchools Rating
Bethesda Elementary School (Waukesha) Waukesha School District public 424 Not Provided Bethesda Elementary School GreatSchools Rating
Blair Elementary School (Waukesha) Waukesha School District public 421 Not Provided Blair Elementary School GreatSchools Rating
Brookfield Elementary School (Brookfield) Elmbrook School District public 543 Not Provided Brookfield Elementary School GreatSchools Rating
Burleigh Elementary School (Brookfield) Elmbrook School District public 667 Not Provided Burleigh Elementary School GreatSchools Rating
Dixon Elementary School (Brookfield) Elmbrook School District public 388 Not Provided Dixon Elementary School GreatSchools Rating
Hadfield Elementary School (Waukesha) Waukesha School District public 342 Not Provided Hadfield Elementary School GreatSchools Rating
Hawthorne Elementary School (Waukesha) Waukesha School District public 286 Not Provided Hawthorne Elementary School GreatSchools Rating
Heritage Christian Elementary (Brookfield) private 0 Not Provided Heritage Christian Elementary GreatSchools Rating
Heyer Elementary School (Waukesha) Waukesha School District public 447 Not Provided Heyer Elementary School GreatSchools Rating
Hillcrest Elementary School (Waukesha) Waukesha School District public 356 Not Provided Hillcrest Elementary School GreatSchools Rating
Lowell Elementary School (Waukesha) Waukesha School District public 298 Not Provided Lowell Elementary School GreatSchools Rating
Meadowbrook Elementary School (Waukesha) Waukesha School District public 299 Not Provided Meadowbrook Elementary School GreatSchools Rating
Prairie Elementary School (Waukesha) Waukesha School District public 379 Not Provided Prairie Elementary School GreatSchools Rating
Rose Glen Elementary School (Waukesha) Waukesha School District public 498 Not Provided Rose Glen Elementary School GreatSchools Rating
Summit View Elementary School (Waukesha) Waukesha School District public 562 Not Provided Summit View Elementary School GreatSchools Rating
Swanson Elementary School (Brookfield) Elmbrook School District public 711 Not Provided Swanson Elementary School GreatSchools Rating
Tonawanda Elementary School (Elm Grove) Elmbrook School District public 376 Not Provided Tonawanda Elementary School GreatSchools Rating
Whittier Elementary School (Waukesha) Waukesha School District public 300 Not Provided Whittier Elementary School GreatSchools Rating
eAchieve Elementary (Waukesha) Waukesha School District charter 40 Not Provided eAchieve Elementary GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Brookfield Christian School (Brookfield) private 243 Not Provided Brookfield Christian School GreatSchools Rating
Butler Middle School (Waukesha) Waukesha School District public 942 Not Provided Butler Middle School GreatSchools Rating
Central Middle School (Waukesha) Waukesha School District public 613 Not Provided Central Middle School GreatSchools Rating
Christ The Lord Lutheran School (Brookfield) private 0 Not Provided Christ The Lord Lutheran School GreatSchools Rating
Horning Middle School (Waukesha) Waukesha School District public 764 Not Provided Horning Middle School GreatSchools Rating
Immanuel Lutheran School (Brookfield) private 287 Not Provided Immanuel Lutheran School GreatSchools Rating
Pilgrim Park Middle School (Elm Grove) Elmbrook School District public 793 Not Provided Pilgrim Park Middle School GreatSchools Rating
St Dominic Elementary School (Brookfield) private 405 Not Provided St Dominic Elementary School GreatSchools Rating
St. John Vianney School (Brookfield) private 0 Not Provided St. John Vianney School GreatSchools Rating
Waukesha Stem Academy (Waukesha) Waukesha School District charter 832 Not Provided Waukesha Stem Academy GreatSchools Rating
Wisconsin Hills Middle School (Brookfield) Elmbrook School District public 865 Not Provided Wisconsin Hills Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Brookfield Academy (Brookfield) private 904 Not Provided Brookfield Academy GreatSchools Rating
Brookfield Central High School (Brookfield) Elmbrook School District public 1313 Not Provided Brookfield Central High School GreatSchools Rating
East High School (Brookfield) Elmbrook School District public 1259 Not Provided East High School GreatSchools Rating
Fairview South (Brookfield) Elmbrook School District public 22 Not Provided Fairview South GreatSchools Rating
Harvey Philip Alternative Charter School (Waukesha) Waukesha School District charter 97 Not Provided Harvey Philip Alternative Charter School GreatSchools Rating
North High School (Waukesha) Waukesha School District public 1122 Not Provided North High School GreatSchools Rating
South High School (Waukesha) Waukesha School District public 1053 Not Provided South High School GreatSchools Rating
Waukesha Academy Of Health Professions (Waukesha) Waukesha School District charter 195 Not Provided Waukesha Academy Of Health Professions GreatSchools Rating
Waukesha Engineering Preparatory Academy (Waukesha) Waukesha School District charter 122 Not Provided Waukesha Engineering Preparatory Academy GreatSchools Rating
Waukesha Transition Academy (Waukesha) Waukesha School District public 41 Not Provided Waukesha Transition Academy GreatSchools Rating
West High School (Waukesha) Waukesha School District public 1227 Not Provided West High School GreatSchools Rating
eAchieve Academy Wisconsin (Waukesha) Waukesha School District charter 700 Not Provided eAchieve Academy Wisconsin GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 41,182 394,355 5,687,217
Total Households 15,907 154,857 2,286,339
Total Families 11,801 110,170 1,476,860
Population Density 2,787 22,523 437,888
Percent Male 48% 49% 50%
Percent Female 52% 51% 50%
White Collar Jobs 82% 72% 55%
Blue Collar Jobs 18% 28% 45%

Top Occupations

Professions Population Employed
Healthcare 4,792
Management 3,731
Information, Scientific and Technical 3,433
Sales 3,313
Retail 3,132
Manufacturing 2,817
Professional Services 2,541
Education 2,273
Transportation 1,846
Arts and Media 1,064

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 16,616 162,576 2,620,437
Owner Occupied Housing Units 13,663 118,880 1,568,389
Renter Occupied Housing Units 2,245 35,979 717,965
Vacant Housing Units 711 7,779 334,086
Occupancy Rate 96% 95% 87%
Vehicles Per Housing Unit 4 53 1,560

Commute Time To Work

  City County State
Less than 5 minutes 498 5,440 128,186
5 - 14 minutes 4,945 22,309 377,782
15 - 29 minutes 8,691 35,882 449,170
30 - 44 minutes 3,043 27,569 288,855
45-59 minutes 549 13,157 143,851
Over 60 minutes 550 4,717 80,843

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 1,137 12,095 374,133
High School Graduate 5,693 69,586 1,258,952
Some College 5,270 59,487 808,107
Associates Degree 1,966 24,466 355,880
Bachelors Degree 9,608 71,668 663,912
Graduate Degree 5,635 27,981 244,709

Education Attainment


Market Conditions

Market Conditions for Brookfield

August 2017

Median Sale Price
$315,000

 UP 0.96%
vs. Month Ago
Homes for Sale
200

 UP 5.26%
vs. Month Ago
Homes Sold
71

 UP 5.97%
vs. Month Ago
Avg Days on Market
31

 UP 19.23%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $315,000. The median sales price for homes in August rose by $3,000 compared to last month. This represents a 0.96% increase from July. Compared to the same month last year, the median price of homes rose by $22,000 representing a 7.5% 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 10 in August to 200. This represents 5.26% increase from July when 190 homes were on the market. Compared to the same month last year when there were 239 homes for sale, the inventory of homes for sale has fallen by 39 representing a -16.31% 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 10 in August to 200. This represents 5.26% increase from July when 190 homes were on the market. Compared to the same month last year when there were 239 homes for sale, the inventory of homes for sale has fallen by 39 representing a -16.31% 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 (31) increased by 5 days compared to July. This represents a 19.23% 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 decreased by 11, a -26.19% 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 96.7% in August fell by 0.62% compared to July and decreased 0.95% 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 (88) rose by 15 compared to July, a 20.54% change. Compared to August 2016, the number of new listings decreased by 2, a -2.22% 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 $328,500. The median list price for homes in August fell by ($6,400) compared to last month. This represents a 1.91% decrease from July. Compared to the same month last year, the median list price of homes increased $38,600 representing a 13.31% 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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