Southpoint

Location of Southpoint in red

Figure 1: Location of Southpoint in red

Comparison to other neighborhoods

Most of this page compares trends within Southpoint across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Southpoint in various categories for each year during 2000 to 2018. For example, in 2000 68% 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 68th 58th 42nd 33rd 56th 81st 57th
2001 66th 58th 42nd 36th 55th 80th 58th
2002 66th 58th 43rd 35th 51st 83rd 75th 92nd
2003 66th 58th 42nd 33rd 50th 78th 64th 74th
2004 66th 58th 42nd 34th 55th 87th 67th 58th
2005 66th 58th 42nd 36th 56th 91st 69th 27th
2006 66th 58th 42nd 37th 56th 96th 66th 67th
2007 67th 58th 42nd 42nd 55th 95th 71st 78th
2008 67th 58th 41st 45th 55th 95th 73rd 73rd
2009 67th 58th 42nd 42nd 52nd 93rd 75th 84th
2010 67th 58th 42nd 43rd 50th 91st 77th 41st
2011 67th 58th 42nd 43rd 50th 91st 74th 66th
2012 67th 58th 42nd 41st 51st 88th 80th 77th
2013 68th 58th 42nd 41st 53rd 90th 76th 52nd
2014 68th 58th 42nd 41st 52nd 89th 77th 79th
2015 68th 58th 42nd 40th 53rd 89th 77th 59th
2016 67th 58th 42nd 40th 52nd
80th 66th
2017 67th 58th 42nd 40th 51st 79th 82nd 75th
2018 67th 58th 42nd 40th 51st 86th 81st
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 Southpoint 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 $124,808 $146,070 $70,414
2001 $121,389 $142,069 $68,485
2002 $135,934 $156,777 $72,916
2003 $138,740 $153,255 $72,232
2004 $153,322 $172,172 $76,196
2005 $161,242 $166,405 $85,597
2006 $179,531 $186,933 $99,532
2007 $168,341 $174,515 $102,286
2008 $168,999 $175,076 $102,615
2009 $157,311 $159,298 $97,472
2010 $143,739 $145,809 $88,658
2011 $139,363 $141,370 $85,959
2012 $114,645 $116,368 $70,510
2013 $112,986 $114,681 $66,001
2014 $113,145 $114,681 $66,001
2015 $111,589 $113,104 $65,094
2016 $109,447 $113,261 $65,094
2017 $110,275 $113,447 $57,286
2018 $115,600 $118,650 $56,000

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 33 82% 0% 6% 12%
2003 26 88% 0% 4% 8%
2004 25 80% 8% 8% 4%
2005 26 62% 23% 4% 12%
2006 36 75% 14% 6% 6%
2007 30 87% 3% 0% 10%
2008 18 83% 0% 6% 11%
2009 18 83% 6% 0% 11%
2010 4 75% 25% 0% 0%
2011 8 50% 25% 0% 25%
2012 11 36% 9% 18% 36%
2013 10 60% 10% 0% 30%
2014 16 81% 6% 0% 12%
2015 15 73% 0% 7% 20%
2016 22 82% 5% 0% 14%
2017 26 73% 8% 8% 12%

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.”