Muskego, WI Real Estate

Muskego, Wisconsin is a developing community located in southeastern Waukesha County. The city offers a variety of programs, services and events that residences can enjoy. There are business districts throughout the area including major distribution sites, manufacturing centers and retail and commercial districts. Big Muskego Lake, Little Muskego Lake and Denoon Lake offer a beautiful atmosphere for those who enjoy water sports. Just 20 miles southwest of downtown Milwaukee, Muskego provides a great location for those who choose to commute to the metropolitan area. Serviced by Highways 43 and U.S. 45, Muskego also provides easy commutes to Chicago, Madison, Rockford and Beloit-Janesville. The city is acknowledged as “One of the most desired residential locations in Waukesha County” due to the excellent schools, medical facilities and business development.

To find real estate for sale in Muskego, click here.

Real Estate
Single-family homes are prevalent in the Muskego real estate market. Houses for sale include extremely affordable Ranches on spacious lots, modern 3-bedroom Colonials, custom-built homes and lakefront properties with luxurious amenities. Condominium developments and apartment complexes are also scattered throughout the area.

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The Muskego area offers plenty of amenities. The city provides an excellent shopping experience with local specialty shops and other retail stores. With amazing parks, beaches, festivals and events throughout the year, residents have an array of activities to enjoy.

The Muskego Community Festival and Parade is free for everyone and offers food court, carnival rides, live music and various shows. The festival is held at Veteran’s Memorial Park and organized by nine local service organizations. Other activities include Historical Events, Treasure the Holidays festival and the Muskego Waterbugs Ski Show.

Residents have plenty of land to enjoy outdoor activities. There are about 500-acres of parklands for visitors and residents to play recreational sports, have picnics or various events. People can hunt, snowmobile and fish around Big Muskego Lake, Little Muskego Lake and Denoon Lake.

The Muskego High School Performing Arts Center provides the community with an array of live entertainment such as live concerts and theater productions. The venue seats 772 people and hosts performances throughout the year.

The city provides quick access to Mitchell International Airport, which is a 42-gate airport that provides airline service around the world. The airport is located about 11 miles east of Muskego.

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Muskego properties for sale

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
Country Meadows Elementary School (Muskego) Muskego-Norway School District public 291 Not Provided Country Meadows Elementary School GreatSchools Rating
Eagleville Charter School (Eagle) Mukwonago School District charter 81 Not Provided Eagleville Charter School GreatSchools Rating
Elmwood Elementary School (New Berlin) New Berlin School District public 581 Not Provided Elmwood Elementary School GreatSchools Rating
Mill Valley Elementary School (Muskego) Muskego-Norway School District public 365 Not Provided Mill Valley Elementary School GreatSchools Rating
Muskego Elementary School (Muskego) Muskego-Norway School District public 248 Not Provided Muskego Elementary School GreatSchools Rating
Orchard Lane Elementary School (New Berlin) New Berlin School District public 451 Not Provided Orchard Lane Elementary School GreatSchools Rating
Poplar Creek Elementary School (New Berlin) New Berlin School District public 493 Not Provided Poplar Creek Elementary School GreatSchools Rating
Prairie View Elementary School (North Prairie) Mukwonago School District public 360 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
Ronald Reagan Elementary School (New Berlin) New Berlin School District public 686 Not Provided Ronald Reagan Elementary School GreatSchools Rating
Section Elementary School (Mukwonago) Mukwonago School District public 459 Not Provided Section Elementary School GreatSchools Rating
Tess Corners Elementary School (Muskego) Muskego-Norway School District public 521 Not Provided Tess Corners Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Bay Lane Middle School (Muskego) Muskego-Norway School District public 687 Not Provided Bay Lane Middle School GreatSchools Rating
Lake Denoon Middle School (Muskego) Muskego-Norway School District public 739 Not Provided Lake Denoon Middle School GreatSchools Rating
Park View Middle School (Mukwonago) Mukwonago School District public 772 Not Provided Park View Middle School GreatSchools Rating
St Leonard School (Muskego) private 207 Not Provided St Leonard School GreatSchools Rating
St. Paul's Lutheran School (Muskego) private 282 Not Provided St. Paul's Lutheran School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Eisenhower Middle/High School (New Berlin) New Berlin School District public 1217 Not Provided Eisenhower Middle/High School GreatSchools Rating
Mukwonago High School (Mukwonago) Mukwonago School District public 1583 Not Provided Mukwonago High School GreatSchools Rating
Muskego High School (Muskego) Muskego-Norway School District public 1653 Not Provided Muskego High School GreatSchools Rating
New Berlin Middle/High School (New Berlin) New Berlin School District public 1174 Not Provided New Berlin Middle/High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 25,226 398,843 5,742,119
Total Households 9,423 156,956 2,299,100
Total Families 7,307 109,835 1,469,281
Population Density 664 25,063 446,124
Percent Male 51% 49% 50%
Percent Female 49% 51% 50%
White Collar Jobs 70% 73% 56%
Blue Collar Jobs 30% 27% 44%

Top Occupations

Professions Population Employed
Healthcare 2,809
Manufacturing 2,548
Retail 2,429
Sales 2,392
Management 2,218
Information, Scientific and Technical 2,113
Transportation 1,946
Education 1,333
Professional Services 1,191
Construction 921

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 10,109 164,151 2,641,602
Owner Occupied Housing Units 8,065 119,865 1,547,197
Renter Occupied Housing Units 1,352 37,036 751,903
Vacant Housing Units 691 7,253 342,513
Occupancy Rate 93% 96% 87%
Vehicles Per Housing Unit 2 56 1,563

Commute Time To Work

  City County State
Less than 5 minutes 259 5,607 124,926
5 - 14 minutes 2,360 19,950 373,244
15 - 29 minutes 5,609 34,259 452,225
30 - 44 minutes 3,875 29,172 291,820
45-59 minutes 1,007 13,643 152,657
Over 60 minutes 504 5,545 85,748

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 664 12,040 347,427
High School Graduate 5,408 67,861 1,239,522
Some College 3,969 57,592 817,979
Associates Degree 1,839 26,576 390,482
Bachelors Degree 3,930 76,034 713,854
Graduate Degree 1,674 28,254 262,007

Education Attainment


Market Conditions

Market Conditions for Muskego

December 2017

Median Sale Price
$290,000

 DOWN -1.52%
vs. Month Ago
Homes for Sale
43

 DOWN -23.21%
vs. Month Ago
Homes Sold
19

 DOWN -32.14%
vs. Month Ago
Avg Days on Market
46

 UP 4.54%
vs. Month Ago

Median Sale Price

The median sale price for homes in December was $290,000. The median sales price for homes in December fell by ($4,500) compared to last month. This represents a 1.52% decrease from November. Compared to the same month last year, the median price of homes rose by $45,000 representing a 18.36% 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

The inventory of homes for sale fell by 13 in December to 43. This represents 23.21% decrease from November when 56 homes were on the market. Compared to the same month last year when there were 41 homes for sale, the inventory of homes for sale has risen by 2 representing a 4.87% 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 13 in December to 43. This represents 23.21% decrease from November when 56 homes were on the market. Compared to the same month last year when there were 41 homes for sale, the inventory of homes for sale has risen by 2 representing a 4.87% 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 December (46) increased by 2 days compared to November. This represents a 4.54% 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 9, a -16.36% 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 97.86% in December rose by 1.72% compared to November and increased 1.06% 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 December (6) fell by 7 compared to November, a 53.84% change. Compared to December 2016, the number of new listings increased by 1, a 20% 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 December was $264,950. The median list price for homes in December fell by ($84,050) compared to last month. This represents a 24.08% decrease from November. Compared to the same month last year, the median list price of homes decreased ($50) representing a -0.01% 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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