Wales, WI Real Estate

First populated by Welsh settlers in the 1840s, the village of Wales carries on the Celtic culture and heritage today. Located in Waukesha County, Wales is amassed with historic homes and sites. The village is surrounded by Delafield, Genesee, Dousman and Waukesha. Wales offers a small town atmosphere with a friendly environment.

To find properties for sale in Wales, click here.

Real Estate
The Wales housing market offers an array of homes for sale. Homes for sale include updated historic four-bedroom houses, charming Ranches, remodeled Contemporaries and custom-built homes with luxurious amenities. Subdivisions are key living areas in Wales.

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The village provides many indoor and outdoor activities that the whole family can enjoy. Events such as a Garden Party, Laser Tag events and a Summer Stage series are featured activities in the village. Wales also offers scenic trails and excellent places to dine.

The community parks are great for outdoor recreational opportunities. Wales Community Park features a frisbee-golf course which is set up friendly for new golfers in the front nine and is difficult for the most experienced in the back nine. The park is also the scene for local softball and soccer tournaments.

Opened in 2003, The Legend at Brandybrook golf course has two well-architected golf courses, tennis complexes, pools and programs for the family. The name is a tribute to great players of the game and the high standards that Brandybrook is trying hard to achieve. There is simply no other club like “The Legend” anywhere in Wisconsin or the Midwest, states the private club’s website.

Glacial Drumlin Trail and Wildwood Trail provide picturesque views of the natural landscape. Known as one of the best bicycle trails in Wisconsin, the Glacial Drumlin Trail offers a total of 52-miles that hikers, runners and roller bladers can enjoy. The Wildwood Trail runs through the village and has seven miles worth of off-road fun. Visitors can bike, hike and snowmobile on the trail. The trail is a former railroad right-of-way that now offers an excellent environment to enjoy the outdoors.

Featured places to eat in Wales are:

* Le Duc’s Frozen Custard
* Finn’s Bar & Grill
* Mama Mia’s
* Saxe’s Restaurant

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Wales 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
Cushing Elementary School (Delafield) Kettle Moraine School District public 463 Not Provided Cushing Elementary School GreatSchools Rating
Dousman Elementary School (Dousman) Kettle Moraine School District public 457 Not Provided Dousman 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
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
KM Explore (Wales) Kettle Moraine School District charter 143 Not Provided KM Explore GreatSchools Rating
Kettle Moraine 4k (Genesee Depot) Kettle Moraine School District public 109 Not Provided Kettle Moraine 4k GreatSchools Rating
Lowell Elementary School (Waukesha) Waukesha School District public 298 Not Provided Lowell Elementary School GreatSchools Rating
Magee Elementary School (Genesee Depot) Kettle Moraine School District public 275 Not Provided Magee 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
Wales Elementary School (Wales) Kettle Moraine School District public 307 Not Provided Wales 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
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
Horning Middle School (Waukesha) Waukesha School District public 764 Not Provided Horning Middle School GreatSchools Rating
Kettle Moraine Middle School (Dousman) Kettle Moraine School District public 893 Not Provided Kettle Moraine Middle School GreatSchools Rating
Waukesha Stem Academy (Waukesha) Waukesha School District charter 832 Not Provided Waukesha Stem Academy GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Harvey Philip Alternative Charter School (Waukesha) Waukesha School District charter 97 Not Provided Harvey Philip Alternative Charter School GreatSchools Rating
High School Of Health Sciences (Wales) Kettle Moraine School District charter 0 Not Provided High School Of Health Sciences GreatSchools Rating
Kettle Moraine High School (Wales) Kettle Moraine School District public 1292 Not Provided Kettle Moraine High School GreatSchools Rating
Km Global School (Wales) Kettle Moraine School District charter 43 Not Provided Km Global School GreatSchools Rating
North High School (Waukesha) Waukesha School District public 1122 Not Provided North High School GreatSchools Rating
School For Arts And Performance (Wales) Kettle Moraine School District charter 135 Not Provided School For Arts And Performance 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 2,958 394,355 5,687,217
Total Households 1,132 154,857 2,286,339
Total Families 877 110,170 1,476,860
Population Density 756 22,523 437,888
Percent Male 52% 49% 50%
Percent Female 48% 51% 50%
White Collar Jobs 75% 72% 55%
Blue Collar Jobs 25% 28% 45%

Top Occupations

Professions Population Employed
Healthcare 468
Management 308
Sales 303
Retail 254
Manufacturing 232
Information, Scientific and Technical 219
Education 178
Transportation 176
Construction 158
Professional Services 106

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 1,144 162,576 2,620,437
Owner Occupied Housing Units 932 118,880 1,568,389
Renter Occupied Housing Units 200 35,979 717,965
Vacant Housing Units 10 7,779 334,086
Occupancy Rate 99% 95% 87%
Vehicles Per Housing Unit 2 53 1,560

Commute Time To Work

  City County State
Less than 5 minutes 29 5,440 128,186
5 - 14 minutes 319 19,355 374,828
15 - 29 minutes 660 31,107 444,395
30 - 44 minutes 303 26,970 288,256
45-59 minutes 107 13,157 143,851
Over 60 minutes 92 4,568 80,694

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 14 12,095 374,133
High School Graduate 417 69,586 1,258,952
Some College 470 59,487 808,107
Associates Degree 151 24,466 355,880
Bachelors Degree 611 71,668 663,912
Graduate Degree 385 26,094 242,822

Education Attainment


Market Conditions

Market Conditions for Wales

August 2017

Median Sale Price
$320,000

 UP 1.58%
vs. Month Ago
Homes for Sale
15

 DOWN -16.66%
vs. Month Ago
Homes Sold
6

 UP 20.00%
vs. Month Ago
Avg Days on Market
80

 UP 135.29%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $320,000. The median sales price for homes in August rose by $5,000 compared to last month. This represents a 1.58% increase from July. Compared to the same month last year, the median price of homes did not change $0 representing a 0% 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 3 in August to 15. This represents 16.66% decrease from July when 18 homes were on the market. Compared to the same month last year when there were 15 homes for sale, the inventory of homes for sale has did not change 0 representing a 0% 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 3 in August to 15. This represents 16.66% decrease from July when 18 homes were on the market. Compared to the same month last year when there were 15 homes for sale, the inventory of homes for sale has did not change 0 representing a 0% 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 (80) increased by 46 days compared to July. This represents a 135.29% 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 increased by 38, a 90.47% 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 88.99% in August fell by 5.99% compared to July and decreased 9.22% 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 (6) rose by 2 compared to July, a 50% change. Compared to August 2016, the number of new listings increased by 5, a 500% 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 $337,400. The median list price for homes in August fell by ($85,050) compared to last month. This represents a 20.13% decrease from July. Compared to the same month last year, the median list price of homes increased $207,500 representing a 159.73% 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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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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