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Explore Similar Townhomes Within 25 Miles of Milwaukee, WI

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    $499,000

    • 4 Beds
    • 3 Baths
    • 2,800 Sq Ft

    W4782 Potter Rd Unit 2, Elkhorn, WI 53121

    4BR, 3BA townhome offering 2 levels of living space & located on a private pond! Great Room has cathedral ceiling w/skylight extending into Eat-in Kitchen, gas fireplace & 3-season room overlooking the pond! Walkout lower level has: Family Rm w/gas fireplace, Kitchenette area perfect for entertaining, 2BRs, full bath & screened porch w/door to lg patio & pond (with beach area)! Master Bedroom has

    Debbie Obrien Coldwell Banker Real Estate Group

    W4782 Potter Rd Unit 2, Elkhorn, WI 53121

Why Live in Milwaukee

Milwaukee's lakefront shines with the iconic Milwaukee Art Museum, featuring its distinctive Burke Brise Soleil wings. The Historic Third Ward buzzes with art galleries, boutiques, and the Milwaukee Public Market. Sports fans flock to American Family Field for Brewers games and Fiserv Forum for Bucks basketball. Cultural attractions include the Mitchell Park Horticultural Conservatory's three distinct botanical environments, Discovery World science museum, and the Harley-Davidson Museum. The Milwaukee RiverWalk connects neighborhoods while providing scenic paths for walking and dining. Local restaurants range from upscale Italian at Zarletti to fresh seafood at Third Coast Provisions and contemporary Southern cuisine at Tupelo Honey. The housing market includes diverse options across neighborhoods. Single-family homes in Brewers Hill command a median price of $405,000, while similar properties in Walker's Point list at a median of $161,500. The Historic Third Ward features condos with median prices of $334,900 for one bedroom units and $705,000 for two bedrooms. Citywide, the median single-family home price sits at $248,800, with townhomes at $190,000. Milwaukee's cost of living measures 0.7% above the national average. A family with school-age children needs approximately $106,000 annually to live comfortably, while renters should aim for $58,000. Property taxes run 2.04% in Milwaukee County, higher than nearby Waukesha at 1.21%. The state income tax rate is 5.30% for a yearly salary of $57,924, with a combined sales tax of 5.70%. Top-rated public schools include Reagan College Preparatory High School, while private options feature Divine Savior Holy Angels High School and Marquette University High School. Major universities include Marquette University and the University of Wisconsin-Milwaukee. The Milwaukee County Transit System provides bus service throughout the city, complemented by The Hop streetcar downtown.

Home Trends in Milwaukee, WI

Housing Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$240,000
Median Townhouse Sale Price
$220,000
Median 2 Bedroom Sale Price
$619,000
Median 1 Bedroom Sale Price
$237,500
Average Price Per Sq Ft
$317
Number of Homes for Sale
73
Last 12 months Home Sales
853
Months of Supply
1.00
Median List Price
$320,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
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