Mill Valley

Location of Mill Valley in red

Figure 1: Location of Mill Valley in red

Comparison to other neighborhoods

Most of this page compares trends within Mill Valley across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Mill Valley in various categories for each year during 2000 to 2018. For example, in 2000 22% 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 22nd 11th
87th 38th 74th 74th
2001 22nd 11th
88th 38th 73rd 78th
2002 22nd 11th
88th 30th 45th 78th 97th
2003 22nd 10th
88th 31st 51st 80th 92nd
2004 22nd 10th
89th 30th 52nd 80th 86th
2005 21st 9th
87th 26th 49th 83rd 42nd
2006 21st 9th
85th 21st 47th 79th 68th
2007 22nd 9th
84th 24th 59th 81st 56th
2008 23rd 9th
85th 19th 60th 85th 81st
2009 23rd 9th
85th 17th 51st 88th 94th
2010 23rd 9th
85th 19th 56th 85th 31st
2011 23rd 10th
85th 21st 56th 77th 56th
2012 23rd 11th
85th 17th 41st 85th 84th
2013 23rd 11th
85th 11th 32nd 86th 60th
2014 23rd 11th
85th 14th 28th 86th 95th
2015 22nd 10th
85th 21st 36th 86th 61st
2016 22nd 10th
85th 23rd 68th 88th 80th
2017 22nd 10th
85th 24th 39th 90th 81st
2018 21st 10th
85th 26th 40th 88th
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 Mill 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 $208,401 $NA $98,448
2001 $202,692 $NA $95,751
2002 $231,296 $NA $90,971
2003 $238,503 $NA $106,304
2004 $260,249 $NA $107,259
2005 $268,114 $NA $106,499
2006 $284,039 $NA $110,356
2007 $265,967 $NA $111,198
2008 $278,333 $NA $111,555
2009 $256,186 $NA $96,771
2010 $239,584 $NA $92,453
2011 $229,560 $NA $89,639
2012 $195,274 $NA $64,750
2013 $192,176 $NA $52,970
2014 $180,629 $NA $51,593
2015 $172,817 $NA $57,623
2016 $172,817 $NA $61,071
2017 $176,870 $NA $60,457
2018 $179,000 $NA $70,600

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 23 83% 4% 4% 9%
2003 25 92% 0% 0% 8%
2004 21 95% 0% 0% 5%
2005 21 95% 0% 0% 5%
2006 24 96% 0% 0% 4%
2007 16 69% 12% 0% 19%
2008 12 75% 17% 0% 8%
2009 14 64% 14% 0% 21%
2010 2 50% 0% 0% 50%
2011 4 75% 25% 0% 0%
2012 8 62% 12% 0% 25%
2013 7 71% 0% 0% 29%
2014 16 75% 0% 0% 25%
2015 10 90% 0% 0% 10%
2016 17 71% 12% 0% 18%
2017 18 78% 6% 6% 11%

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.”