Park Knoll, Milwaukee, WI—53225
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Park Knoll, Milwaukee, WI
As of Oct '25, the median home price in Park Knoll, Milwaukee, WI is $228,000, with a year-over-year change of 5.0%. This indicates that home prices in Park Knoll, Milwaukee, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 5.0% |
| Single Family | $234,000 | 5.4% |
| Condos | $88,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 6.2% |
3 Bed | $225,000 | 5.1% |
4 Bed | $283,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Park Knoll, Milwaukee, WI
As of July '25, Rentcast reports the average rent in Park Knoll, Milwaukee, WI is $1,310, with a year-over-year rent change of 18.0%. Per bedroom, the median rent as of July '25 in Park Knoll, Milwaukee, WI is 1-bedrooms: $938, 2-bedrooms: $1,180, 3-bedrooms: $1,540. The most common rental property sizes in Park Knoll, Milwaukee, WI are 2-bedroom and 3-bedroom, accounting for 50.4% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $938 |
| 2 Bed Rent | $1,100 | $1,180 |
| 3 Bed Rent | $1,550 | $1,540 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Park Knoll, Milwaukee, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Park Knoll, Milwaukee, WI is 24. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | 3.0% |
Listing Count | 46 | 12.0% |
| Listings as % of Homes | 0.3% | 12.0% |
Days on Market | 24 | -6.0% |
Demographics — Park Knoll, Milwaukee, WI
As of the latest ACS Survey released in 2023, Park Knoll, Milwaukee, WI has a population of 25,300, which has decreased by -5.8% over the past 5 years. Park Knoll, Milwaukee, WI is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,300 | -5.8% |
% Under 18 | 27.5% | -5.8% |
% Seniors | 12.4% | 9.7% |
% WFH | 14.0% | 311.8% |
% w/ College Degree | 21.5% | 15.6% |
As of the latest ACS Survey released in 2023, Park Knoll, Milwaukee, WI is a predominantly black area, with 58.1% of the population identifying as black. The black population has grown by 6.8% in the last 5 years. The second most common race or ethnicity in Park Knoll, Milwaukee, WI is white, making up 25.5% of the population. Foreign-born residents account for 7.8% of the population in Park Knoll, Milwaukee, WI, and this percentage has increased by 14.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 25.5% | -11.8% |
% Black | 58.1% | 6.8% |
% Hispanic | 5.1% | -19.0% |
% Asian | 6.3% | -8.7% |
% Foreign Born | 7.8% | 14.7% |
Mortgage and Risk — Park Knoll, Milwaukee, WI
According to HUD data as of 2023, there were 482 mortgage originations in Park Knoll, Milwaukee, WI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Park Knoll, Milwaukee, WI. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 482 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Park Knoll, Milwaukee, WI
Park Knoll, Milwaukee, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 519 |
Total Units Section 8 | 466 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 83.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $900 | $970 |
| 2 Bedroom | $50 | $1,100 | $1,150 |
| 3 Bedroom | -$120 | $1,550 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Park Knoll, Milwaukee, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $228,000 |
| Median Household Income | $54,400 |