Walker's Point

Milwaukee, WI

Neighborhood Market Analysis

Q3 2025 Report
$178,000–$205,000 (May–June 2025)
Median Home Price
85–90 (Very Walkable)
Walkability Score
Vieau Elementary: ~6/10 (GreatSchools); South Division High: below city average. School quality is a moderate concern for families.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Menomonee River (north), the Kinnickinnic River (south), S. 1st Street (east), and S. 16th Street (west).

Zip Codes

53204

Market Data Summary

Price Range$131,000–$456,000 depending on property size and type
Price per Sq Ft$180–$414 (2025)
Inventory LevelsStable since March 2025; low transaction volume with only 1 home sold in May 2025.

Property Characteristics

Home Types & Architecture

Home Types

Historic single-family homesConverted industrial loftsModern condosTownhomes

Architectural Styles

Cream City brick industrialVictorianContemporary urban infill

Property Details

Typical Lot SizesSmall urban lots, often <0.1 acre; some larger parcels for converted warehouses/lofts
Home Age RangeLate 1800s–early 1900s (historic); 2000s–2020s (newer infill/lofts)
Construction QualityMix of historic masonry and modern renovations; many properties feature exposed brick, timber, and updated interiors.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, artists, and long-term residents. Growing Hispanic/Latino community. Median age skewing younger than city average.

Community Vibe

Trendy, artsy, and inclusive. Known for LGBTQ+ friendliness, creative energy, and a strong sense of local pride.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Entrepreneurs
  • Long-term residents
  • Small families

Family Friendly

Moderately family-friendly; more popular with singles, couples, and young families seeking urban amenities.

Amenities & Lifestyle

Parks & Recreation

  • Zillman Park
  • Urban green spaces
  • Hank Aaron State Trail (adjacent)

Dining Options

  • La Merenda
  • Engine Company No. 3
  • Braise
  • Morel

Shopping Centers

  • Boutique shops along S. 2nd St.
  • Freshwater Plaza (grocery, retail)

Local Businesses

  • Anodyne Coffee Roasting Co.
  • Purple Door Ice Cream
  • Great Lakes Distillery
  • MobCraft Beer

Education & Schools

Vieau Elementary: ~6/10 (GreatSchools); South Division High: below city average. School quality is a moderate concern for families.
Overall School Rating

Elementary Schools

  • Vieau Elementary (PreK–8)

Middle Schools

  • Vieau Elementary (PreK–8)

High Schools

  • South Division High School

Private Schools

  • St. Anthony School of Milwaukee

Transportation & Accessibility

Transit & Roads

Public Transit

  • MCTS bus lines (routes 15, 19, 56)
  • The Hop streetcar (nearby downtown)

Major Roads

  • I-94/I-43
  • S. 1st Street
  • National Avenue

Commute & Walkability

Commute Times5–10 minutes to downtown Milwaukee; 15–20 minutes to airport; 20–30 minutes to suburbs.
WalkabilityExcellent for daily errands, dining, and nightlife.
ParkingOn-street parking can be limited, especially evenings/weekends; some newer developments offer dedicated parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Investors
  • Artists/creatives
  • Urban lifestyle seekers

Key Selling Points

  • Historic charm with modern amenities
  • Thriving dining and arts scene
  • Walkable to downtown and lakefront

Pricing Considerations

Price competitively given long days on market; highlight value compared to higher-priced nearby neighborhoods.

Common Objections & Response Strategies

Objection: Concerns about school quality

Response Strategy:

Highlight proximity to charter/private schools and ongoing community investment in education.

Objection: Noise and nightlife

Response Strategy:

Emphasize soundproofing in newer units and quieter side streets; suggest touring at different times of day.

Objection: Parking limitations

Response Strategy:

Point out units with dedicated parking or nearby public garages; discuss walkability and transit options.

Objection: Perceived safety issues

Response Strategy:

Share recent crime data showing improvements and highlight active neighborhood watch groups.

Investment Insights

Investment Potential

Appreciation Potential

Strong long-term due to ongoing redevelopment and proximity to downtown, but short-term volatility (noted by recent price swings).

Rental Demand

High, driven by young professionals and students; vacancy rates low for modern units.

Buyer Competition

Moderate; unique properties (lofts, historic homes) see more competition.

Best For

  • Investors seeking value-add or rental properties
  • First-time buyers wanting urban lifestyle
  • Buyers seeking historic/unique architecture

Potential Concerns

  • School quality for families
  • Noise and nightlife for those seeking quiet
  • Parking limitations

Professional Recommendations

1

Leverage local market data to set realistic pricing expectations.

2

Stage properties to highlight unique architectural features and urban lifestyle.

3

Educate buyers on both the benefits and quirks of historic properties.

4

Network with local businesses and community groups to tap into the neighborhood vibe.

5

Monitor new developments and city plans for future value drivers.

6

Address common objections proactively in marketing materials and showings.

Competitive Analysis

Comparable Markets

  • Bay View
  • Third Ward
  • Menomonee River Valley

Market Positioning

Trendy, up-and-coming urban neighborhood with strong lifestyle appeal and investment upside.

Competitive Advantages

  • Lower price point than Third Ward/Bay View
  • Unique historic/industrial architecture
  • Proximity to downtown and major employers

Price Comparison

Walker's Point median home value ($161,875) is lower than Bay View and Third Ward, offering better entry pricing for similar amenities.

Investment Metrics

5–7% for well-located rental properties (2025)
Cap Rates
5–6% gross yields typical for modern units
Rental Yields
~14–16 (favorable for investors)
Price-to-Rent
Positive for updated units; value-add opportunities exist in older stock
Cash Flow
5–8% annualized over next 3–5 years, barring economic downturn
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability, walkability, and urban lifestyle; may need education on historic property maintenance.

Move-Up Buyers

Drawn to unique lofts or larger historic homes; may seek more space or amenities than entry-level condos.

Downsizers

Less common, but some are attracted to low-maintenance condos and proximity to dining/culture.

Investors

Strong interest in rental and short-term rental opportunities; focus on units with modern finishes and amenities.

Relocators

Appeal for those moving to Milwaukee for jobs or urban living; highlight proximity to downtown and transit.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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