BAY VIEW

Location of Bay View in red

Figure 1: Location of Bay View in red

Comparison to other neighborhoods

Most of this page compares trends within Bay View across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Bay View in various categories for each year during 2000 to 2018. For example, in 2000 100% of neighborhoods contained fewer total residential units.
Table 1: Annual neighborhood percentile ranks, where 100 = the largest or highest amount and 1 = smallest or lowest
Percentile Rank
year Total Units1 Total single-family homes2 Total duplexes3 Total condos4 Median property value5 Median Value/ft.6 % Owner-occupied7 Sales rate8*
2000 100th 100th 100th 81st 60th 51st 44th
2001 100th 100th 100th 82nd 59th 51st 44th
2002 100th 100th 100th 82nd 60th 51st 43rd 63rd
2003 100th 100th 100th 83rd 57th 49th 45th 66th
2004 100th 100th 100th 85th 57th 53rd 44th 70th
2005 100th 100th 100th 84th 63rd 52nd 44th 53rd
2006 100th 100th 100th 86th 70th 62nd 46th 38th
2007 100th 100th 100th 86th 68th 66th 49th 61st
2008 100th 100th 100th 86th 68th 68th 49th 78th
2009 100th 100th 100th 88th 68th 78th 54th 81st
2010 100th 100th 100th 88th 71st 83rd 54th 77th
2011 100th 100th 100th 88th 71st 83rd 54th 77th
2012 100th 100th 100th 88th 74th 89th 53rd 81st
2013 100th 100th 100th 88th 76th 92nd 53rd 73rd
2014 100th 100th 100th 88th 80th 93rd 54th 69th
2015 100th 100th 100th 87th 83rd 94th 56th 73rd
2016 100th 100th 100th 87th 84th 96th 55th 66th
2017 99th 100th 100th 87th 87th 95th 56th 59th
2018 99th 100th 100th 87th 86th 94th 54th
Note: Percentile ranks are only calculated for neighborhoods which include the characteristic being measured. For example, a neighborhood with no condos is marked missing, while the neighborhood in the 1st percentile contains at least 1 condo.
1 Includes all homes, condos, and apartments
2 Total standalone 1-unit homes
3 Total 2-unit homes
4 Total condos
5 Median entire property value as assessed by the City
6 Median of (Improvements value) / (Useable square feet of building)
7 Percent of single-family, duplexes, and condos whose location is also the owner’s mailing address
8 Single-family, duplex, and condo sales as a percent of total single-family, duplex, and condo properties
* No sales data available for 2000-2001

Residential property values, 2000 to 2018

Total property value

This “violin” graph displays the distribution of home values in Bay View since 2000. The shapes for each year are widest at the property value where the most homes are located. Larger “violins” indicate more homes, while smaller shapes indicate fewer. The thin line through the graph shows the median home value for each year.

The table below contains the median home value for each year from 2000 to 2018. Values are adjusted to 2018 dollars, and properties assessed at $0 are ommitted. This is because those properties are not literally worth nothing. The city assesses them at $0 because they are owned by an entity which does not pay property taxes; therefore they contribute nothing to the city’s tax base directly.
Table 2: Median inflation-adjusted home values
Median property value
year single-family duplex condo
2000 $124,516 $146,070 $168,352
2001 $121,247 $142,210 $163,740
2002 $134,818 $161,866 $184,451
2003 $139,694 $168,178 $199,797
2004 $149,472 $173,300 $197,659
2005 $158,007 $193,278 $200,059
2006 $180,650 $225,813 $225,440
2007 $169,855 $211,911 $231,599
2008 $170,635 $210,138 $220,890
2009 $167,012 $194,126 $215,982
2010 $164,667 $191,288 $203,879
2011 $159,989 $185,744 $186,859
2012 $140,804 $161,365 $143,495
2013 $138,888 $158,805 $141,007
2014 $147,893 $159,970 $140,848
2015 $149,726 $164,980 $158,293
2016 $155,054 $177,518 $164,040
2017 $158,559 $190,680 $162,395
2018 $164,700 $192,800 $164,000

Value per square foot

This graph is similar to the graph above, except it shows property value per square foot, rather than the total. These statistics are calculated by dividing the value of improvements made to the parcel (namely the building) by the total useable floor area of the structure in square feet.

Residential units

The next three graphs show trends in the number of housing units and their occupancy status. “Owner-occupied” means the property owner lists that location as their mailing address. Additional units at each parcel may be rented, so the “owner-occupied” number given here should be understood as an upper bound; the real number is almost certainly lower. Non-owner-occupied units may either be rented or vacant. These three graphs show total units, so (for example) every one duplex counts as 2 units.

Total, 2000 to 2018

Single family homes

Duplexes

Condos

Totals by type

Property sales and owner-occupancy

Single-family homes, duplexes, and condos
Table 5: The unit of analysis is the parcel. Some parcels contain multiple units.
year Total sold Remain owner-occupied Owner-occupied to other Remain other occupied Other to owner-occupied
2002 226 77% 4% 8% 12%
2003 230 80% 5% 6% 9%
2004 270 78% 6% 8% 8%
2005 351 61% 11% 13% 15%
2006 297 63% 10% 10% 17%
2007 264 68% 7% 5% 20%
2008 185 71% 6% 10% 13%
2009 181 70% 4% 8% 18%
2010 78 73% 5% 6% 15%
2011 103 75% 6% 6% 14%
2012 120 70% 3% 8% 18%
2013 137 63% 7% 9% 21%
2014 146 63% 5% 8% 23%
2015 193 66% 5% 9% 20%
2016 215 56% 10% 11% 23%
2017 202 61% 5% 14% 20%

This table compares the owner-occupancy status before and after each sale for properties coded as “Residential” or “Condominium” in the previous table. As explained above, “owner-occupancy” means the property owner lists that parcel as their mailing address. Additional units at an owner-occupied address may be vacant or rented. In this table “other occupied” simply means the property owner does not maintain their mailing address at that location. The property could be rented, or it could be vacant.

  • If a property was coded as owner-occupied in the year prior to the sale, and it is still coded that way in the first available property record after the sale date, it is classified as “Remain owner-occupied.”
  • A property coded “owner-occupied” before the sale, but not after is classified as “Owner-occupied to other”
  • A property not coded “owner-occupied” before a sale, and which maintains that status after the sale, is classified “Remain other occupied.”
  • Properties which aren’t “owner-occupied” prior to the sale but become so afterward are classified “Other to owner-occupied.”