Despite being located next to a major university and home to student renters, Cambridge Woods has a "know your neighbor" atmosphere, an active neighborhood association and quiet residential streets. The community has a laid-back feel in an exciting part of Milwaukee, with the Milwaukee River and its dense woods to the west, and the University of Wisconsin-Milwaukee Campus directly east.
There are a few small apartment buildings in the area, but the neighborhood is primarily single-family and multifamily homes from the early 1900s with detached garages. Bungalows and simple workers' cottages are mostly unchanged since they were built, keeping their contrasting trim, low-pitched roofs and wide front porches. Single-family homes sell from the high $200,000s to the mid $400,000s, while multifamily homes range between the high $200,000s and the high $600,000s. "It's still a destination neighborhood for those who want to purchase," says Desty Lorino, broker and team lead of Desty's Team for Keller Williams. "Because a lot of the properties have been rented, I think the prices have stayed in check a little bit more." Cambridge Woods homes typically sell within a few weeks.
While homes remain unchanged, residents have gone through a transformation. "Back when city employees were required to live in the city, the area was filled with teachers, police officers and firefighters," Lorino says. "When Milwaukee lifted the restrictions, the neighborhood's dynamic changed, and many state employees moved out." The founding of the university in 1956 also brought changes, like an increase in apartment complexes and rental properties. "We're starting to see a younger set of [landlords] who actually don't mind that they're going to have to do some repairs," Lorino says. "They would much rather pay their own mortgage than someone else's, and to get assistance in paying that mortgage [from their tenants] is a bonus."
"A lot of young families have been moving in just within the past few years," says Rebecca North, a resident and former neighborhood association president. "More kids are riding their bikes and playing in the streets." Cambridge Woods has adopted a younger atmosphere but hangs onto its character. The lovingly named Tina the Chicken Lady, who lets her free-range chickens roam the streets, and The Boat House, a small house shaped exactly like a boat, are neighborhood quirks. "It's a fun little curiosity," Lorino says. The Cambridge Woods Neighborhood Association hosts community events throughout the year, including:
The University of Wisconsin-Milwaukee is in Downer Woods, and you can be on campus in a 10-minute walk or a 5-minute bike ride. "Cambridge Woods is a good place to put your money because the university isn't going anywhere," Lorino says. There is a Bublr Bikes docking station in the community, with additional locations on campus and around Ascension Columbia St. Mary's Hospital, approximately 2 miles away. "The area is extremely bike-friendly, and biking is encouraged," Lorino says. "The Oak Leaf Trail is plowed and salted in the winter for those who commute on bikes year-round." Those biking downtown have a clear path through Milwaukee's east side, going under city streets to avoid any crossing traffic. Buses stop along Oakland Avenue and Locust Street, heading to the office buildings in East Town and to nearby grocery stores, Metro Market and Whole Foods Market.
Houses in the neighborhood are within walking distance of the Milwaukee River, where people head for fishing, canoeing and kayaking. "Once you're down in the valley on the water, no parts of the city are visible. So, it feels like you're somewhere rural and not in a large city," North says. Those cycling the Oak Leaf Trail or East Bank Bike Trail can grab a drink at the Hubbard Park Beer Garden in Shorewood. Accessible only by foot or bike, the log cabin building serves beer and German food from a walk-up window.
Johvon Holmes
Equity Wisconsin Real Estate LLC
(414) 261-4320
34 Total Sales
1 in Cambridge Woods
$353,900 Price
Thomsen Team
Modern Realty Partners LLC
(262) 588-3642
107 Total Sales
1 in Cambridge Woods
$279,900 Price
One Roof RE Group*
Realty Executives Integrity~Brookfield
(262) 333-0399
139 Total Sales
1 in Cambridge Woods
$365,000 Price
William Lauer
Keller Williams Milwaukee North Shore
(414) 667-6897
96 Total Sales
3 in Cambridge Woods
$253K - $375K Price Range
Donna Best
Shorewest Realtors, Inc.
(414) 895-0765
152 Total Sales
1 in Cambridge Woods
$500,000 Price
Rock Picciolo
Shorewest Realtors, Inc.
(414) 626-0390
56 Total Sales
1 in Cambridge Woods
$225,400 Price
| 1 - Low Crime, 10 - High Crime | Cambridge Woods | US |
|---|---|---|
| Homicide | 5 | 4 |
| Sexual Assault | 5 | 4 |
| Assault with Weapon | 5 | 4 |
| Robbery | 4 | 4 |
| Burglary | 4 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 5 | 4 |
| Crime Score | 4 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Cambridge Woods, Milwaukee sell after 14 days on the market compared to the national average of 56 days. The median sale price for homes in Cambridge Woods, Milwaukee over the last 12 months is $384,900, up 16% from the median home sale price over the previous 12 months.
|
Median List Price
$375,000
|
Median Sale Price
$384,900
|
|
Median Single Family Sale Price
$383,450
|
Median Townhouse Sale Price
$400,000
|
|
Median 2 Bedroom Sale Price
$282,900
|
Median Change From 1st List Price
0%
|
|
Last 12 months Home Sales
17
|
Median Home Sale Price YoY Change
16%
|
|
Average Price Per Sq Ft
$223
|
|
|
Number of Homes
427
|
Number of Homes for Sale
2
|
|
Median Year Built
1912
|
Months of Supply
1.40
|
|
Average Single Family Home Size Sq Ft
1,570
Below the national average
1,934
|
Average Townhouse Size Sq Ft
2,169
|
|
Average 2 Bedroom Size Sq Ft
1,183
|
Median Lot Size Sq Ft
3,484
|
$995 - $1,575 per month
$1,545 per month
|
Number of Homes for Rent
6
|
Median Rent
$1,345
|
|
Median Single Family Home Rent
$2,650
|
Median 3 Bedroom Single Family Home Rent
$2,650
|
|
Median Townhouse Rent
$1,488
|
Median 3 Bedroom Townhouse Rent
$1,700
|
|
Median Condo Rent
$1,345
|
Median 2 Bedroom Condo Rent
$1,345
|
|
Total Population
2,588
|
Median Age
27
|
|
Population Density
24 ppl/acre
|
Population under 18
20.1%
On par with the national average
23.8%
|
|
Population over 65
7.2%
Below the national average
19.1%
|
|
|
Median Household Income
$43,859
Significantly below the national average
$79,597
|
Average Household Income
$59,384
|
|
High School Graduates
97.7%
|
College Graduates
58.4%
Above the national average
34.1%
|
|
Advanced Degrees
23.7%
|
% Population in Labor Force
78.5%
Above the national average
64.9%
|
|
Annual Precipitation
35''
|
Average Winter Low Temperature
17°F
|
|
Average Summer High Temperature
82°F
|
Annual Snowfall
33''
|
Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Student renters and homeowners in stately homes enjoy an academic atmosphere
Walkability, historic charm and lively college energy on Milwaukee's east side.
Young professionals, students and families rent throughout the neighborhood
A vibrant community centered around community events and the Milwaukee River
Multifamily homes and grand mansions rented or owned by students and professors
Historically African American community with a huge Juneteenth celebration