Murray Hill

Location of Murray Hill in red

Figure 1: Location of Murray Hill in red

Comparison to other neighborhoods

Most of this page compares trends within Murray Hill across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Murray Hill in various categories for each year during 2000 to 2018. For example, in 2000 93% 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 93rd 39th 70th 68th 97th 69th 21st
2001 93rd 39th 70th 69th 97th 69th 20th
2002 93rd 39th 71st 71st 97th 65th 20th 46th
2003 93rd 37th 71st 73rd 97th 73rd 19th 59th
2004 93rd 37th 71st 70th 96th 74th 15th 77th
2005 93rd 37th 71st 69th 97th 80th 15th 49th
2006 93rd 37th 71st 70th 97th 86th 16th 29th
2007 93rd 37th 71st 72nd 97th 90th 16th 13th
2008 93rd 36th 71st 78th 97th 89th 17th 91st
2009 94th 36th 71st 78th 96th 87th 17th 55th
2010 94th 36th 71st 78th 96th 91st 18th 82nd
2011 94th 36th 71st 78th 96th 90th 16th 78th
2012 94th 37th 71st 76th 96th 93rd 15th 68th
2013 94th 37th 71st 76th 95th 91st 13th 53rd
2014 95th 37th 71st 76th 95th 91st 14th 68th
2015 95th 37th 71st 76th 95th 92nd 15th 85th
2016 95th 37th 71st 73rd 95th 83rd 16th 56th
2017 95th 37th 71st 73rd 96th 92nd 18th 83rd
2018 95th 37th 71st 73rd 94th 80th 20th
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 Murray Hill 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 $241,751 $237,382 $101,725
2001 $236,757 $230,879 $98,938
2002 $279,884 $281,348 $119,552
2003 $293,835 $305,420 $140,240
2004 $318,856 $305,847 $141,109
2005 $320,866 $320,617 $161,242
2006 $346,682 $368,765 $168,458
2007 $324,565 $344,487 $158,438
2008 $319,297 $338,523 $163,155
2009 $312,986 $308,662 $159,181
2010 $307,831 $304,382 $156,618
2011 $298,684 $294,336 $149,286
2012 $268,152 $257,656 $126,917
2013 $250,920 $242,074 $116,217
2014 $245,200 $242,074 $116,853
2015 $256,195 $239,425 $115,141
2016 $254,680 $239,425 $109,186
2017 $264,794 $243,312 $106,900
2018 $259,400 $260,950 $105,800

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 27 78% 7% 4% 11%
2003 35 80% 0% 9% 11%
2004 39 90% 3% 3% 5%
2005 54 50% 11% 22% 17%
2006 34 50% 15% 15% 21%
2007 22 77% 9% 9% 5%
2008 32 59% 3% 19% 19%
2009 17 59% 6% 12% 24%
2010 12 75% 0% 0% 25%
2011 16 81% 6% 0% 12%
2012 13 77% 0% 0% 23%
2013 14 64% 7% 29% 0%
2014 20 70% 5% 10% 15%
2015 33 45% 6% 24% 24%
2016 25 36% 4% 28% 32%
2017 41 51% 12% 7% 29%

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.”