Waukesha, WI Real Estate

Waukesha Real Estate

Waukesha (pronounced waw-ki-shaw) is located 18 miles west of Milwaukee and 59 miles east of Madison.

Over 68,000 people call Waukesha their home, making it the fifth largest city in southeastern Wisconsin. Waukesha is the county seat of Waukesha County and the largest community in the county, covering over 27 square miles. It is located on both sides of the Fox River and borders City of Brookfield, Town of Brookfield, Genesee, New Berlin, City of Pewaukee, Village of Pewaukee, Town of Delafield and Town of Waukesha.

Real Estate
Waukesha offers many housing options, ranging from new-construction to older, historic homes. Single-family homes are most common, though condominiums and apartment complexes are sprinkled throughout the area. Newer subdivisions have sprung up in a variety of price points on the city’s outskirts.

Amenities
Just a half-hour drive from downtown Milwaukee, Waukesha often seems like it’s a world away with life slightly slower here than it is in downtown Milwaukee. Waukesha offers many big-city amenities, including the Waukesha Choral Union, the Civic Theater, the Waukesha Symphony Orchestra and Waukesha County Historical Museum.

The city also boasts its own airport, the Waukesha County Airport (also known as Crites Field), which can accommodate small airplanes and corporate jets. It is one of the fastest-growing airports in the state in terms of landings and departures.

Waukesha also has its own hospital, Waukesha Memorial Hospital.

Well-known and respected Carroll University (formerly Carroll College) is located in Waukesha. Carroll University, often called Wisconsin’s pioneer college, is the oldest four-year institution of higher education in the state. In 1841, settlers living in the Wisconsin Territory community of Prairieville established the academy that five years later would become Carroll College. Soon after its founding, Carroll affiliated with the Presbyterian Church and adopted the motto, “Christo et Litteris,” which means “for Christ and Learning.” Alfred Lunt attended Carroll College and went on to become a part of one of the greatest acting partnerships in American theatre. His acting partner and wife was Lynn Fontanne. Fred MacMurray attended Carroll College before becoming an actor most famously known for playing Steve Douglas on the hit TV series My Three Sons.

History
Waukesha is also one of the older cities in southeastern Wisconsin, being first inhabited in 1834 by Morris D. Cutler (its first non-American-Indian settler). It was originally incorporated in 1846 as the Village of Prairieville and in 1847 changed it’s name to Waukesha.

Its streets were built on the well-worn paths of early Native American inhabitants who converged at a place called “five points” in the city’s center. In the late 1800s, Waukesha’s natural spring water turned it into a resort town that attracted people from around the country, including Mrs. Abraham Lincoln and President Ulysses S. Grant. Many landmarks of that bygone era remain, including the spring house located at “five points.”

Some interesting facts about Waukesha include: Waukesha was home to Les Paul who invented the electric guitar, as well as the first 8-track tape recorder. Frank Caliendo grew up in Waukesha. Today he is famous for his impressions on MADtv, FOX NFL Sunday and Frank TV. The well-known BoDeans rock and roll group was formed in Waukesha. They are known most for their song “Closer to Free” which was the theme song for Party of Five TV series. In 1916, the Waukesha Pure Food Company began production of Jiffy Jell, the predecessor of today’s Jell-O.

Olympic gymnastic medalists, Morgan and Paul Hamm (twin brothers), hale from Waukesha.

To find homes for sale in Waukesha, click here.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Banting Elementary  (Waukesha) Waukesha School District Public 512 13 Banting Elementary GreatSchools Rating
Bethesda Elementary  (Waukesha) Waukesha School District Public 436 14 Bethesda Elementary GreatSchools Rating
Blair Elementary  (Waukesha) Waukesha School District Public 304 10 Blair Elementary GreatSchools Rating
Butler Middle  (Waukesha) Waukesha School District Public 811 14 Butler Middle GreatSchools Rating
Hadfield Elementary  (Waukesha) Waukesha School District Public 366 10 Hadfield Elementary GreatSchools Rating
Hawthorne Elementary  (Waukesha) Waukesha School District Public 340 11 Hawthorne Elementary GreatSchools Rating
Hawthorne Elementary Through 2018-2019  (Waukesha) Waukesha School District Public 213 10 Hawthorne Elementary through 2018-2019 GreatSchools Rating
Heyer Elementary  (Waukesha) Waukesha School District Public 383 12 Heyer Elementary GreatSchools Rating
Hillcrest Elementary  (Waukesha) Waukesha School District Public 289 15 Hillcrest Elementary GreatSchools Rating
Horning Middle  (Waukesha) Waukesha School District Public 618 11 Horning Middle GreatSchools Rating
La Casa De Esperanza Charter School  (Waukesha) La Casa De Esperanza Inc. Public 225 13 La Casa de Esperanza Charter School GreatSchools Rating
Les Paul Middle  (Waukesha) Waukesha School District Public 582 13 Les Paul Middle GreatSchools Rating
Lowell Elementary  (Waukesha) Waukesha School District Public 373 12 Lowell Elementary GreatSchools Rating
Meadowbrook Elementary  (Waukesha) Waukesha School District Public 256 14 Meadowbrook Elementary GreatSchools Rating
North High  (Waukesha) Waukesha School District Public 1016 16 North High GreatSchools Rating
Prairie Elementary  (Waukesha) Waukesha School District Public 345 13 Prairie Elementary GreatSchools Rating
Project Change-a Recovery School  (Waukesha) Waukesha School District Public 4 4 Project Change-A Recovery School GreatSchools Rating
Riverview School  (Waukesha) Waukesha School District Public 3 3 Riverview School GreatSchools Rating
Rose Glen Elementary  (Waukesha) Waukesha School District Public 552 17 Rose Glen Elementary GreatSchools Rating
South High  (Waukesha) Waukesha School District Public 890 12 South High GreatSchools Rating
Summit View Elementary  (Waukesha) Waukesha School District Public 472 15 Summit View Elementary GreatSchools Rating
Waukesha Academy Of Health Professions  (Waukesha) Waukesha School District Public 146 146 Waukesha Academy of Health Professions GreatSchools Rating
Waukesha East Alternative School  (Waukesha) Waukesha School District Public 74 6 Waukesha East Alternative School GreatSchools Rating
Waukesha Engineering Preparatory Academy  (Waukesha) Waukesha School District Public 148 37 Waukesha Engineering Preparatory Academy GreatSchools Rating
Waukesha Stem Academy  (Waukesha) Waukesha School District Public 646 15 Waukesha STEM Academy GreatSchools Rating
Waukesha Transition Academy  (Waukesha) Waukesha School District Public 34 34 Waukesha Transition Academy GreatSchools Rating
West High  (Waukesha) Waukesha School District Public 1194 19 West High GreatSchools Rating
White Rock Campus  (Waukesha) Waukesha School District Public 226 90 White Rock Campus GreatSchools Rating
White Rock School  (Waukesha) Waukesha School District Public 256 White Rock School GreatSchools Rating
Whittier Elementary  (Waukesha) Waukesha School District Public 197 9 Whittier Elementary GreatSchools Rating
Eachieve Academy - Wisconsin  (Waukesha) Waukesha School District Public 749 27 eAchieve Academy - Wisconsin GreatSchools Rating
Eachieve Elementary  (Waukesha) Waukesha School District Public 138 12 eAchieve Elementary GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 97,200 406,801 5,852,878
Total Households 38,043 158,933 2,349,819
Total Families 25,580 113,516 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 58% 58% 58%
Blue Collar Jobs 42% 42% 42%

Top Occupations

Professions Population Employed
Professional Services 15,415
Healthcare 10,125
Sales 7,995
Manufacturing 6,082
Maintenance 4,634
Management 3,830
Transportation 3,694
Food 3,613
Construction 2,690
Social Services 2,479

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 2,707 7,569 224,571
High School Graduate 16,648 67,894 1,256,597
Some College 14,943 58,126 833,955
Associates Degree 6,663 27,255 410,260
Bachelors Degree 16,351 78,050 747,113
Graduate Degree 7,642 40,757 384,121

Education Attainment


Market Conditions
Market Conditions for Waukesha - December 2024 | Shorewest Realtors®
December 2024

Market Conditions for Waukesha

Median Sale Price Graph

Median Sale Price

The median sale price for homes in December was $335,000. The median sales price for homes in December fell by ($53,000) compared to last month. This represents a 13.65% decrease from November. Compared to the same month last year, the median price of homes rose by $9,000 representing a 2.76% 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 fell by 34 in December to 98. This represents 25.75% decrease from November when 132 homes were on the market. Compared to the same month last year when there were 106 homes for sale, the inventory of homes for sale has fallen by 8 representing a -7.54% 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 63 homes sold in December was 5 less than in November. This represents a 7.35% decrease in sales from November. Compared to the same month last year, the number of homes sold decreased by 2, a -3.07% 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 December (22) did not change Compared to the same month last year, the days on market for homes sold increased by 2, a 10% 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 99.38% in December fell by 1.25% compared to November and decreased 0.26% 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 December (30) fell by 32 compared to November, a 51.61% change. Compared to December 2023, the number of new listings decreased by 16, a -34.78% 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 December was $300,000. The median list price for homes in December fell by ($39,450) compared to last month. This represents a 11.62% decrease from November. Compared to the same month last year, the median list price of homes decreased ($17,450) representing a -5.49% 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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