Golden Valley

Location of Golden Valley in red

Figure 1: Location of Golden Valley in red

Comparison to other neighborhoods

Most of this page compares trends within Golden Valley across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Golden Valley in various categories for each year during 2000 to 2018. For example, in 2000 65% 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 65th 90th 46th
59th 90th 91st
2001 64th 90th 45th
59th 89th 92nd
2002 64th 90th 47th
62nd 68th 90th 76th
2003 64th 90th 47th
60th 66th 90th 86th
2004 64th 90th 47th
61st 72nd 87th 78th
2005 64th 90th 47th
60th 79th 88th 31st
2006 64th 90th 47th
57th 82nd 88th 65th
2007 64th 90th 46th
56th 87th 88th 57th
2008 64th 90th 46th
55th 88th 87th 89th
2009 64th 90th 46th
60th 88th 87th 73rd
2010 64th 90th 47th
63rd 92nd 88th 90th
2011 65th 90th 47th
65th 93rd 89th 76th
2012 65th 89th 47th
57th 83rd 83rd 90th
2013 65th 90th 47th
55th 75th 84th 89th
2014 65th 90th 47th
58th 82nd 80th 85th
2015 64th 90th 47th
59th 78th 77th 90th
2016 62nd 90th 47th
58th 87th 77th 87th
2017 63rd 90th 48th
59th 82nd 75th 91st
2018 62nd 90th 47th
58th 86th 74th
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 Golden Valley 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 $128,740 $164,420 $NA
2001 $125,780 $159,774 $NA
2002 $142,765 $171,067 $NA
2003 $149,098 $179,899 $NA
2004 $159,959 $184,119 $NA
2005 $164,725 $196,949 $NA
2006 $178,846 $221,210 $NA
2007 $167,525 $207,717 $NA
2008 $167,654 $194,126 $NA
2009 $162,512 $171,336 $NA
2010 $160,068 $169,382 $NA
2011 $155,585 $165,006 $NA
2012 $123,473 $130,685 $NA
2013 $112,085 $118,442 $NA
2014 $118,230 $118,442 $NA
2015 $116,813 $116,918 $NA
2016 $119,634 $117,754 $NA
2017 $123,881 $127,052 $NA
2018 $127,200 $132,900 $NA

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 59 86% 0% 8% 5%
2003 66 94% 2% 3% 2%
2004 64 92% 3% 0% 5%
2005 65 85% 5% 2% 9%
2006 80 85% 5% 1% 9%
2007 54 81% 4% 2% 13%
2008 49 88% 4% 0% 8%
2009 34 74% 9% 9% 9%
2010 20 70% 0% 5% 25%
2011 21 62% 5% 0% 33%
2012 29 69% 10% 3% 17%
2013 41 68% 0% 12% 20%
2014 40 52% 10% 12% 25%
2015 55 67% 13% 4% 16%
2016 65 74% 6% 5% 15%
2017 70 73% 7% 4% 16%

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.”