Park View

Location of Park View in red

Figure 1: Location of Park View in red

Comparison to other neighborhoods

Most of this page compares trends within Park View across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Park View in various categories for each year during 2000 to 2018. For example, in 2000 12% 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 12th 26th 7th
17th 28th 64th
2001 11th 26th 8th
16th 28th 70th
2002 11th 26th 9th
21st 31st 62nd 7th
2003 11th 26th 8th
15th 26th 64th 24th
2004 11th 26th 7th
14th 26th 57th 8th
2005 10th 25th 7th
12th 19th 64th 4th
2006 10th 25th 7th
10th 19th 68th 9th
2007 10th 25th 8th
9th 19th 62nd 28th
2008 9th 25th 8th
5th 16th 62nd 7th
2009 9th 25th 8th
9th 24th 66th 7th
2010 9th 25th 7th
10th 21st 62nd 44th
2011 9th 25th 7th
10th 22nd 62nd 11th
2012 9th 25th 7th
8th 17th 70th 37th
2013 9th 25th 7th
9th 18th 78th 46th
2014 9th 25th 7th
10th 21st 70th 39th
2015 9th 25th 7th
12th 20th 70th 6th
2016 9th 25th 7th
10th 22nd 67th 43rd
2017 9th 25th 7th
12th 23rd 68th 7th
2018 9th 25th 7th
12th 20th 69th
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 Park 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 $62,550 $43,544 $NA
2001 $61,615 $42,351 $NA
2002 $77,517 $42,523 $NA
2003 $75,776 $44,021 $NA
2004 $76,064 $43,010 $NA
2005 $76,142 $64,758 $NA
2006 $87,028 $82,052 $NA
2007 $81,549 $76,656 $NA
2008 $81,870 $96,070 $NA
2009 $81,870 $90,343 $NA
2010 $74,974 $82,736 $NA
2011 $73,138 $88,022 $NA
2012 $49,626 $57,969 $NA
2013 $49,209 $58,479 $NA
2014 $48,945 $58,479 $NA
2015 $48,846 $51,981 $NA
2016 $47,227 $50,152 $NA
2017 $48,284 $51,915 $NA
2018 $47,100 $50,750 $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
2003 3 67% 0% 0% 33%
2004 1 100% 0% 0% 0%
2005 3 33% 0% 33% 33%
2006 3 33% 0% 67% 0%
2007 3 33% 33% 33% 0%
2010 1 0% 0% 0% 100%
2012 1 0% 0% 100% 0%
2013 2 50% 0% 0% 50%
2014 2 100% 0% 0% 0%
2016 3 33% 0% 33% 33%

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.”