Servite Woods

Location of Servite Woods in red

Figure 1: Location of Servite Woods in red

Comparison to other neighborhoods

Most of this page compares trends within Servite Woods across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Servite Woods in various categories for each year during 2000 to 2018. For example, in 2000 38% 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 38th
93rd 33rd 39th 58th
2001 37th
93rd 31st 38th 59th
2002 37th
93rd 23rd 35th 60th 99th
2003 37th
94th 23rd 30th 61st 83rd
2004 37th
94th 25th 34th 62nd 84th
2005 37th
92nd 18th 29th 62nd 86th
2006 38th
93rd 13th 26th 60th 90th
2007 36th
90th 17th 28th 64th 94th
2008 36th
89th 12th 25th 67th 69th
2009 36th
89th 18th 30th 66th 52nd
2010 36th
89th 24th 34th 66th 40th
2011 36th
89th 19th 35th 65th 36th
2012 36th
89th 14th 25th 58th 83rd
2013 36th
89th 19th 28th 64th 85th
2014 36th
89th 9th 18th 66th 76th
2015 36th
89th 7th 14th 67th 83rd
2016 36th
89th 7th
68th 59th
2017 36th
89th 7th 10th 66th 44th
2018 36th
89th 7th 13th 67th
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 Servite Woods 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 $NA $NA $89,419
2001 $NA $NA $86,969
2002 $NA $NA $81,839
2003 $NA $NA $85,725
2004 $NA $NA $98,896
2005 $NA $NA $92,689
2006 $NA $NA $95,799
2007 $NA $NA $98,441
2008 $NA $NA $98,758
2009 $NA $NA $98,758
2010 $NA $NA $97,168
2011 $NA $NA $87,855
2012 $NA $NA $63,835
2013 $NA $NA $61,816
2014 $NA $NA $49,580
2015 $NA $NA $41,585
2016 $NA $NA $39,129
2017 $NA $NA $41,430
2018 $NA $NA $41,000

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 37 76% 3% 0% 22%
2003 25 88% 0% 4% 8%
2004 26 88% 0% 0% 12%
2005 38 76% 3% 13% 8%
2006 39 79% 5% 13% 3%
2007 34 71% 3% 12% 15%
2008 12 58% 8% 8% 25%
2009 9 67% 11% 11% 11%
2010 3 33% 0% 0% 67%
2011 3 33% 0% 33% 33%
2012 10 30% 20% 40% 10%
2013 14 36% 0% 43% 21%
2014 12 42% 8% 25% 25%
2015 18 44% 0% 33% 22%
2016 15 53% 7% 20% 20%
2017 11 64% 18% 9% 9%

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.”