Mukwonago, WI Real Estate

Mukwonago, Wisconsin Real Estate

Located 30 miles west of Milwaukee, Mukwonago is home to more than 7,300 residents and many commercial and industrial businesses. Mukwonago is a village that has an appreciation for balancing quality of life with economic development. As such, one can expect to find a rustic, homey ambiance when visiting Mukwonago; an ambiance that also accommodates the modern integrity of rapid commercial and industrial growth.

Amenities
There is much to do in Mukwonago. On the weekends, locals often attend one of the many golf courses or country clubs in the village. Outdoorsmen favor the many hiking and camping sites located throughout the area. The Mukwonago River, the second most pristine river in Wisconsin, provides a great venue for boating and fishing. There are also bike trails which lead to all kinds of exciting destinations such as the Kettle Moraine Southern Unit, home of the Ice Age Trail. For the truly adventurous, helicopter rides and skydiving are available. And in the winter, residents enjoy the local ice fishing and snowmobiling.

Close by, there is an annual mass influx of people at the outdoor concerts at Alpine Valley. The venue for these concerts is conveniently located between Milwaukee, Madison and Chicago, and thus, draws many attendees. Mukwonago also has its own version of Summerfest, which includes a carnival, parade, car show and lots of live music.

For those with an affinity for shopping, events such as Fall Fest, Midnight Magic and Maxwell Street Days should surely satisfy your needs. Fall Fest features shopping, live music, a car show, hay rides and a chili cook off, among other things. Midnight Magic is a Christmas celebration and one of the area’s best known events. It features shopping, a parade, fireworks, carriage rides and much more. Maxwell Street Days is a monthly flea market featuring over 650 sellers offering a variety of goods.

For a bit of history, the Mukwonago Museum is a place to check out. The museum is interesting in that, it is of two parts. One part houses decorations and furnishings reminiscent of the post-Civil War period. The other contains an entire room devoted to local Native American artifacts. Established in 1967, the museum is a historical gem for the locals.

History
Mequanego was a Native American village and tribal seat of the Bear Clan of Potowatomi Indians. The name Mequanego means, “Place of the Bear.” The name changed to Mukwonago in 1844.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Clarendon Avenue Elementary School  (Mukwonago) Mukwonago School District Public 515 17 CLARENDON AVENUE ELEMENTARY SCHOOL GreatSchools Rating
Mukwonago High School  (Mukwonago) Mukwonago School District Public 1650 17 MUKWONAGO HIGH SCHOOL GreatSchools Rating
Norris Academy High School  (Mukwonago) Norris School District Public 120 Not Reported NORRIS ACADEMY HIGH SCHOOL GreatSchools Rating
Park View Middle School  (Mukwonago) Mukwonago School District Public 750 15 PARK VIEW MIDDLE SCHOOL GreatSchools Rating
Rolling Hills Elementary School  (Mukwonago) Mukwonago School District Public 500 19 ROLLING HILLS ELEMENTARY SCHOOL GreatSchools Rating
Section Elementary School  (Mukwonago) Mukwonago School District Public 480 16 SECTION ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 20,089 406,801 5,852,878
Total Households 7,362 158,933 2,349,819
Total Families 5,767 113,516 1,516,725
Percent Male 50% 49% 50%
Percent Female 50% 51% 50%
White Collar Jobs 59% 58% 58%
Blue Collar Jobs 41% 42% 42%

Top Occupations

Professions Population Employed
Healthcare 1,211
Professional Services 1,156
Sales 576
Maintenance 456
Construction 348
Management 301
Food 300
Manufacturing 294
Social Services 241
Transportation 224

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 331 7,569 224,571
High School Graduate 4,092 67,894 1,256,597
Some College 3,066 58,126 833,955
Associates Degree 1,698 27,255 410,260
Bachelors Degree 3,070 78,050 747,113
Graduate Degree 1,570 40,757 384,121

Education Attainment


Market Conditions
Market Conditions for Mukwonago - February 2024 | Shorewest Realtors®
February 2024

Market Conditions for Mukwonago

Median Sale Price Graph

Median Sale Price

The median sale price for homes in February was $443,500. The median sales price for homes in February rose by $43,500 compared to last month. This represents a 10.87% increase from January. Compared to the same month last year, the median price of homes rose by $73,500 representing a 19.86% 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 1 in February to 34. This represents 2.85% decrease from January when 35 homes were on the market. Compared to the same month last year when there were 51 homes for sale, the inventory of homes for sale has fallen by 17 representing a -33.33% 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 6 homes sold in February was 1 more than in January. This represents a 20% increase in sales from January. Compared to the same month last year, the number of homes sold increased by 3, a 100% year-over-year increase.

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 February (44) increased by 4 days compared to January. This represents a 10% 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 11, a 33.33% 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 99.78% in February rose by 0.45% compared to January and increased 3.01% 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 February (8) fell by 9 compared to January, a 52.94% change. Compared to February 2023, the number of new listings decreased by 13, a -61.9% 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 February was $496,950. The median list price for homes in February rose by $17,050 compared to last month. This represents a 3.55% increase from January. Compared to the same month last year, the median list price of homes increased $122,050 representing a 32.55% 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.