New Coeln

Location of New Coeln in red

Figure 1: Location of New Coeln in red

Comparison to other neighborhoods

Most of this page compares trends within New Coeln across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of New Coeln in various categories for each year during 2000 to 2018. For example, in 2000 14% 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 14th 28th 12th
75th 97th 91st
2001 13th 28th 12th
75th 97th 91st
2002 13th 28th 13th
71st 96th 92nd 47th
2003 14th 28th 12th
71st 96th 91st 26th
2004 14th 28th 12th
75th 96th 88th 53rd
2005 14th 28th 12th
72nd 96th 86th 8th
2006 13th 27th 12th
72nd 87th 93rd 36th
2007 13th 27th 12th
71st 88th 94th 7th
2008 12th 27th 11th
71st 91st 93rd 8th
2009 11th 27th 12th
72nd 89th 92nd 75th
2010 11th 27th 12th
69th 86th 89th 91st
2011 11th 28th 12th
70th 86th 93rd 60th
2012 11th 28th 12th
73rd 87th 93rd 52nd
2013 11th 28th 12th
75th 88th 94th 20th
2014 11th 28th 12th
73rd 88th 91st 48th
2015 11th 28th 12th
72nd 88th 91st 89th
2016 11th 28th 12th
73rd
89th 70th
2017 11th 28th 12th
71st 83rd 87th 68th
2018 11th 28th 12th
70th 75th 86th
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 New Coeln 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 $156,847 $208,984 $NA
2001 $153,046 $203,259 $NA
2002 $162,144 $214,566 $NA
2003 $170,291 $224,738 $NA
2004 $184,783 $242,129 $NA
2005 $183,636 $226,933 $NA
2006 $199,064 $243,604 $NA
2007 $186,398 $228,104 $NA
2008 $187,172 $228,838 $NA
2009 $182,030 $217,384 $NA
2010 $170,244 $203,189 $NA
2011 $165,062 $195,109 $NA
2012 $143,441 $171,161 $NA
2013 $141,431 $168,446 $NA
2014 $141,484 $168,446 $NA
2015 $139,643 $166,130 $NA
2016 $139,643 $166,130 $NA
2017 $138,663 $160,912 $NA
2018 $141,100 $157,300 $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 6 83% 0% 17% 0%
2003 4 75% 25% 0% 0%
2004 7 100% 0% 0% 0%
2005 6 100% 0% 0% 0%
2006 9 67% 0% 0% 33%
2007 3 100% 0% 0% 0%
2008 1 100% 0% 0% 0%
2009 5 100% 0% 0% 0%
2010 3 67% 33% 0% 0%
2011 2 100% 0% 0% 0%
2012 2 100% 0% 0% 0%
2013 1 100% 0% 0% 0%
2014 3 100% 0% 0% 0%
2015 5 100% 0% 0% 0%
2016 5 20% 20% 0% 60%
2017 7 57% 14% 0% 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.”