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Cheap Homes in South Milwaukee, WI

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Top Reasons To Live In South Milwaukee, WI In 2024

South Milwaukee is located in Milwaukee, Wisconsin, with an estimated municipal population of 20,696 residents. All of the best foreclosed homes for sale in South Milwaukee are located in the following zip code areas on Foreclosure.com: 53172. The estimated population per square kilometer (.62 miles) in South Milwaukee is 1,654.


Cost Of Living In South Milwaukee, WI

So, about how much do homes cost in South Milwaukee? The most recent median value of resident-owned homes in South Milwaukee is 162,069. An estimated 59 percent of households in South Milwaukee own their homes, with an average family size of 3.02. The median household income in South Milwaukee is 52,678, with19.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in South Milwaukee, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in South Milwaukee? If so, the average rent price paid by renters in South Milwaukee is 838, according to recent statistics.


Diversity And Demographics In South Milwaukee, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to South Milwaukee, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in South Milwaukee is 40.9, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in South Milwaukee is 45.3, with an average family size of 3.02.

The percentage of residents who report their race in South Milwaukee is as follows:

White 91.1%
Black / African American 3%
Asian 0.7%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 3.5%
Other 1.2%

Looking for family-friendly neighborhoods in and/or near South Milwaukee? Or maybe you are searching for 55+ active adult communities in and/or near South Milwaukee?

The percentage of residents who report their age in South Milwaukee is as follows:

Under 10 11.7%
Aged 10-19 11.7%
20s 12.2%
30s 12.7%
40s 12.9%
50s 14.4%
60s 11.5%
70s 6.7%
80+ 6.2%

Best Schools In South Milwaukee, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in South Milwaukee with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in South Milwaukee.


Pros And Cons Of Living In South Milwaukee, Wisconsin

How do you know that living in -- or moving to -- South Milwaukee is right where you need to be? Perhaps you grew up in South Milwaukee or already live nearby; therefore, the decision to buy a home in South Milwaukee is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to South Milwaukee for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in South Milwaukee:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like South Milwaukee.


Reasons To Move To South Milwaukee, Wisconsin, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in South Milwaukee can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in South Milwaukee, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in South Milwaukee, WI


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