Muskego, WI Real Estate

Muskego Homes for Sale

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.

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.

Amenities
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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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Country Meadows Elementary School (Muskego) Muskego-norway School District Public 260 14 COUNTRY MEADOWS ELEMENTARY SCHOOL GreatSchools Rating
Lake Denoon Middle School (Muskego) Muskego-norway School District Public 735 18 LAKE DENOON MIDDLE SCHOOL GreatSchools Rating
Mill Valley Elementary School (Muskego) Muskego-norway School District Public 496 19 MILL VALLEY ELEMENTARY SCHOOL GreatSchools Rating
Muskego Elementary School (Muskego) Muskego-norway School District Public 233 19 MUSKEGO ELEMENTARY SCHOOL GreatSchools Rating
Muskego High School (Muskego) Muskego-norway School District Public 1682 17 MUSKEGO HIGH SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 26,232 406,801 5,852,878
Total Households 9,930 158,933 2,349,819
Total Families 7,756 113,516 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 50% 58% 58%
Blue Collar Jobs 50% 42% 42%

Top Occupations

Professions Population Employed
Professional Services 1,038
Manufacturing 630
Sales 626
Healthcare 561
Maintenance 538
Transportation 424
Construction 420
Management 319
Information, Scientific and Technical 240
Food 239

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 445 7,569 224,571
High School Graduate 5,464 67,894 1,256,597
Some College 4,232 58,126 833,955
Associates Degree 1,828 27,255 410,260
Bachelors Degree 4,281 78,050 747,113
Graduate Degree 1,801 40,757 384,121

Education Attainment


Market Conditions
Market Conditions for Muskego - April 2021 | Shorewest Realtors®
April 2021

Market Conditions for Muskego

Median Sale Price Graph

Median Sale Price

The median sale price for homes in April was $353,500. The median sales price for homes in April fell by ($21,500) compared to last month. This represents a 5.73% decrease from March. Compared to the same month last year, the median price of homes fell by ($83,500) representing a -19.1% 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 5 in April to 26. This represents 23.8% increase from March when 21 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 fallen by 33 representing a -55.93% 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 16 homes sold in April was 1 less than in March. This represents a 5.88% decrease in sales from March. Compared to the same month last year, the number of homes sold decreased by 1, a -5.88% 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 April (12) decreased by 40 days compared to March. This represents a 76.92% 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 32, a -72.72% 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 103.43% in April rose by 5.89% compared to March and increased 4.63% 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 April (24) rose by 4 compared to March, a 20% change. Compared to April 2020, the number of new listings decreased by 6, 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 Graph

Median List Price

The median list price in April was $324,950. The median list price for homes in April fell by ($19,950) compared to last month. This represents a 5.78% decrease from March. Compared to the same month last year, the median list price of homes decreased ($125,000) representing a -27.78% 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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