Fernwood is an up and coming neighborhood in Milwaukee, Wisconsin that is situated just southeast of Bay View. Fernwood is known as a "quiet hideaway" and is comprised of mainly cape cod and bungalow style homes. The Summit Players Theatre; a non-profit theatre company which offers Shakespeare workshops and performances is located within distance to Fernwood.
Fernwood currently has 5 single family homes for sale with an average list price of $399,540. The average annual property tax for Fernwood is $5,880.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Fernwood, i.e. what's hot and what's not.
See What's Hot & What's Not in FernwoodFernwood home sales for the month of October decreased in volume by 33.3% when compared to last year, while the median sale price decreased by 6.3% from $400,000 to $375,000. House sales decreased by 33.3%, while the median sale price decreased by 6.3% from $400,000 to $375,000.
52
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41
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2022 | 2023 | ||
# of sales per year |
$302,500
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$321,000
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2022 | 2023 | ||
median sale price per year |