Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$258,958
$1,012

Housing Market Overview

Metric West Allis Wisconsin Avg US Average
Median Home Price $258,958 $176,921 $242,182
Price Trend (Annual %) 19.7% 5.3% 8.2%
Median Gross Rent $1,012 $1,045 $1,342
Rent Trend (Annual %) 3.8% 4.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
West Allis
Wisconsin
United States
Year West Allis Wisconsin United States
Median Rent Over Time
West Allis
Wisconsin
United States
Year West Allis Wisconsin United States

Affordability

On average, housing unit costs 3.8 yearly household incomes in West Allis.

Metric West Allis Wisconsin Avg US Average
Median Home Price $258,958 $176,921 $242,182
Median Household Income $68,668 $75,766 $78,145
Price-to-Income Ratio 3.8 2.3 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric West Allis Wisconsin Avg US Average
Homeownership Rate 50.9% 60.4% 58.2%
Rental Rate 42.0% 28.6% 31.3%
Vacancy Rate 7.0% 11.1% 10.6%
Median Tenure (years) 13.0 16.0 15.0
Median Year Moved In 2013 2010 2011

Housing Stock

Metric West Allis Wisconsin Avg US Average
Average Household Size 2.11 people 2.35 people 2.54 people
Median Structure Built Year 1957 1973 1978
Median Number of Rooms 5.0 5.6 5.5