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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Brown Deer, WI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Brown Deer, WI Housing Market Trends

With a population of 12,609, 5,684 total housing units (homes and apartments), and a median house value of $312,472, Brown Deer real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Brown Deer, accounting for 57.71% of the village's housing units. Other types of housing that are prevalent in Brown Deer include large apartment complexes or high rise apartments ( 29.20%), row houses and other attached homes ( 6.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brown Deer. Owner-occupied housing accounts for 65.34% of Brown Deer's homes, and 57.82% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Brown Deer's housing was primarily built during this period, from the '40s through the '60s. A full 47.21% of the village's housing hails from this era. Other housing ages represented in Brown Deer include homes built between 1970-1999 ( 34.62%) and housing constructed between 2000 and later ( 12.47%). There's also some housing in Brown Deer built before 1939 ( 5.70%).

Brown Deer Home Appreciation Rates

In the last 10 years, Brown Deer has experienced some of the highest home appreciation rates of any community in the nation. Brown Deer real estate appreciated 121.73% over the last ten years, which is an average annual home appreciation rate of 8.29%, putting Brown Deer in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brown Deer definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Brown Deer's appreciation rate, at 5.31%, has been at or slightly above the national average. In the latest quarter, Brown Deer's appreciation rate has been 2.73%, which annualizes to a rate of 11.39%.

Relative to Wisconsin, our data show that Brown Deer's latest annual appreciation rate is lower than 80% of the other cities and towns in Wisconsin.

Average Home Values

Median Home Value

$312,472

Brown Deer, WI Home Prices
> $1,495,000
$1,121,001 - $1,495,000
$748,001 - $1,121,000
$598,001 - $748,000
$448,001 - $598,000
$299,001 - $448,000
$149,001 - $299,000
$75,001 - $149,000
$0 - $75,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3.7%
3.7%
10.5%
10.5%
42.3%
42.3%
30.5%
30.5%
7.8%
7.8%
5.2%
5.2%
0% 100.0%
% of Homes
Average

for Wisconsin

Average

for nation

Number of Homes And Apartments:

5,684

Brown Deer Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,531 / per month

Homeownership Rate

Owners
Renters
65.3%
65.3%
34.7%
34.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.3%
6.3%
93.7%
93.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.5%
12.5%
34.6%
34.6%
47.2%
47.2%
5.7%
5.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.7%
57.7%
6.4%
6.4%
5.9%
5.9%
29.2%
29.2%
0.8%
0.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.2%
1.2%
17.6%
17.6%
22.6%
22.6%
44.7%
44.7%
13.1%
13.1%
0.7%
0.7%
0% 100.0%
% of Homes