Milwaukee, WI

Population: 599,395
Average annual home appreciation rate: 2.12%
Total of homes for sale in this market: 3,333
Median home price: $121,499
Median Rent: $627 per room
Home price range: 56.34%
Median sales price: $130,000
Number of homes: 3,916
Median foreclosure sales price: $39,000
Foreclosure discount: 70%
Most common home type: 40.48% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.12%
Number of renters: 53.56%
Number of owner occupied: 46.44%
Number people living below poverty level: 28.30%
Unemployment rate: 9.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Milwaukee area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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