Do you know where you can find the oldest bowling alley in the United States? It may surprise you to know that it's in Milwaukee, Wisconsin.
Milwaukee, of course, is famous for its beer breweries and major league baseball team aptly named the Brewers. But there's far more to the city than that.
Milwaukee is a vibrant place. It has earned itself the nickname “City of Festivals” due to the myriad of festivals it hosts each year. Stay in one place and travel the world with Mexican Fiesta, Festa Italiana, Irish Fest, Polish Fest, Oktoberfest and more!
The Milwaukee real estate market is seeing houses fly off the market as buyers are excitedly finding homes in Milwaukee. Median home values are still relatively low at $123,200. But they are on the rise. Last year values rose 9.7% and Zillow predicts they will rise another 5.4% over the next year. It's also place where you can find affordable rent.
If you're considering a move to Milwaukee, where should you concentrate your search for a home? Let's take a look at the five best neighborhoods in Milwaukee for 2019.
1. The East Side
The East Side is a very diverse neighborhood. The fact that you can find students, young professionals, families, and retirees in the same neighborhood attests to the fact that there's something for everyone.
There is a whole slew of small businesses that survive thanks to the steady supply of customers provided by the nearby University of Wisconsin-Milwaukee. You'll find greasy spoons, local grocers, even vintage movie theaters. It’s a happening place in a city that’s already pretty lively in general.
You'll see plenty of historic mansions and homes built with the early 20th century style architecture.Yet there's also a nice mix of modern high-rises and other housing options.
Home values can vary quite a bit. The Upper East Side sees a median home value of $387,800. The Lower East Side however, boasts a more affordable price at $238,900. Regardless, this area is a nicer area that sees higher-than-average prices in Milwaukee.
2. Bay View
In an already hip city, Bay View is an area that attracts hipsters and creative types by the droves. There is a rich, international array of dining options. Find everything from authentic Mexican to Greek to Indian.
South Shore Park offers residents plenty of recreational activities to participate in. There's everything from horseback riding to volleyball to tennis and much more.
The median home values are a little higher than Milwaukee as a whole, but still very affordable. The median value is $191,900. Of course, the prices are on the rise as in the rest of Milwaukee.
3. Brewer’s Hill
Brewer’s Hill is a little more quiet and quaint then other parts of Milwaukee. This neighborhood was home to Lakefront Brewery and Schlitz Park — the brewery that made the beer that made Milwaukee famous. The area was in disrepair for quite some time but is now being revitalized.
The neighborhood is full of quaint, historic homes. so much so that in 2009 it won the “Best Old House Neighborhoods” award from This Old House.
Median home values are more expensive in this neighborhood at $226,200. But it's still rather affordable and a great option for young singles or newly married couples.
4. Third Ward
If you're looking for a ritzier, cosmopolitan vibe, Third Ward is the place to find it. Median home values are considerably pricier in this neighborhood at $348,300 but definitely worth it.
Between Milwaukee Bay, Kinnickinnic River, and Milwaukee River this neighborhood is surrounded by water on three sides. That means that homes in this area have some pretty fantastic views.
Additionally, this is where it's at for festivals in the “City of Festivals.” In addition to Summerfest and the World's Largest Music Festival, all of Milwaukee’s Heritage festivals take place in Third Ward.
Do you love the music scene? Riverwest is where you want to be. You can always find a band playing somewhere in this community-oriented community and the music venues and festivals are some of the best in the Midwest.
The area is full of little mom-and-pop type shops and restaurants. Of course, breweries are a pretty common sight as well.
Median home values are still pretty affordable at $163,800.
Best Neighborhood in Milwaukee for You
At the end of the day, the best neighborhood in Milwaukee for you is the one that appeals to you the most. The great thing is that whether you're looking for a high-rise city dwelling or something more quaint at the river’s edge you can find it in Milwaukee.
The best way to zero in on the perfect neighborhood is to hire a local real estate agent. They can point you in the right direction for both your budget and the lifestyle you want.
The best news is that when you partner with a Clever Partner Agent, you get a $1,000 home buyer’s rebate on sales of $150,000 or more.
Ready to get started? Contact us today and we'll get you in touch with a local real estate agent for your no-obligation consultation.