Located on Milwaukee's Southwest Side, Wedgewood is named for the park at its center. Homebuyers are often attracted to the area's friendly feel, tree-lined streets and post-World War II houses. Residents have easy access to downtown Milwaukee, while nearby parks, schools and everyday conveniences add to the neighborhood's lasting appeal.
Midcentury ranch-style homes make up the majority of the neighborhood’s real estate, with the occasional Cape Cod or colonial appearing. Details like hardwood floors, bow windows and built-in cabinetry are common. However, many homes have been updated with open-concept layouts and beamed ceilings. The median sale price is in the low $300,000s, with homes ranging from the mid-$200,000s to the low $400,000s. This generally puts the Wedgewood in the same price range as nearby neighborhoods like Rolling Green, Highwood Estates and River Bend, though it tends to be more expensive than Hawley Farms and Root Creek.
"In the spring and summer, it's beautiful with the trees and the foliage," says Alderman Mark Borkowski, a longtime resident of Wedgewood. "People are always walking with strollers, walking their dogs or going for jogs." He also says the feeling of community keeps residents here for decades. "These people look out for one another," he says. "My neighbors know me more than I know about myself."
Wedgewood is served by Milwaukee Public Schools. Elementary students may attend Honey Creek Elementary School, which is close by in Root Creek. Also next door is the Wedgewood Park International School: Wisconsin's first school to offer the International Baccalaureate Middle Years Programme.
West Forest Home Avenue is the main thoroughfare through Wedgewood, while Interstate 41 offers regional access for longer trips. Downtown Milwaukee is about 12 miles away.
Wedgewood Park is at the center of the neighborhood. This roughly six-acre commons features a wading pool, a playground and open grassy areas for picnics or casual sports. A few disc golf practice baskets are set among the trees. For more extensive outdoor recreation, McCarty Park in nearby West Allis spans over 50 acres. It includes a swimming pool with a water slide, a fishing lagoon and courts for tennis and basketball. A multi-use trail winds through the grounds, and the park hosts the Traveling Beer Garden in the summer.
From old-school custard stands to family-run barbecue joints, the restaurants around Wedgewood reflect the variety found across Milwaukee. These are some well-known spots:
Dana Lazich
Abundance Real Estate
(414) 667-7021
86 Total Sales
1 in Wedgewood
$300,000 Price
LETS GO! Realty Group*
Keller Williams Realty-Milwaukee Southwest
(262) 956-9082
115 Total Sales
1 in Wedgewood
$400,000 Price
The Martha Ford Team*
First Weber Inc - Delafield
(414) 786-8073
67 Total Sales
1 in Wedgewood
$241,000 Price
Jennifer Luna
Luna Listings
(414) 296-6804
97 Total Sales
1 in Wedgewood
$315,000 Price
Kristel Sikora
Shorewest Realtors, Inc.
(262) 947-4510
208 Total Sales
1 in Wedgewood
$220,000 Price
Wendy Kaprelian
Shorewest Realtors, Inc.
(414) 867-7744
166 Total Sales
1 in Wedgewood
$283,000 Price
| 1 - Low Crime, 10 - High Crime | Wedgewood | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 4 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 4 | 4 |
| Crime Score | 4 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Wedgewood, Milwaukee sell after 14 days on the market compared to the national average of 56 days. The median sale price for homes in Wedgewood, Milwaukee over the last 12 months is $322,000, up 4% from the median home sale price over the previous 12 months.
|
Median List Price
$329,900
|
Median Sale Price
$322,000
|
|
Median Single Family Sale Price
$328,000
|
Median 2 Bedroom Sale Price
$285,000
|
|
Median Change From 1st List Price
-1%
|
Last 12 months Home Sales
23
|
|
Median Home Sale Price YoY Change
4%
|
Average Price Per Sq Ft
$211
|
|
Number of Homes
701
|
Number of Homes for Sale
1
|
|
Median Year Built
1959
|
Months of Supply
0.50
|
|
Average Single Family Home Size Sq Ft
1,448
Significantly below the national average
1,933
|
Average Townhouse Size Sq Ft
2,496
|
|
Median Lot Size Sq Ft
7,840
|
|
|
Number of Homes for Rent
3
|
Median Rent
$1,300
|
|
Median Single Family Home Rent
$1,400
|
Median Townhouse Rent
$1,300
|
|
Median 2 Bedroom Townhouse Rent
$1,300
|
Median Condo Rent
$995
|
|
Median 2 Bedroom Condo Rent
$995
|
|
|
Total Population
2,288
|
Median Age
41
|
|
Population Density
15 ppl/acre
|
Population under 18
23.5%
On par with the national average
23.8%
|
|
Population over 65
21.1%
On par with the national average
19.1%
|
|
|
Median Household Income
$73,536
Below the national average
$79,597
|
Average Household Income
$93,896
|
|
High School Graduates
95.6%
Above the national average
89%
|
College Graduates
33.2%
|
|
Advanced Degrees
11.5%
|
% Population in Labor Force
74.7%
Above the national average
64.9%
|
|
Annual Precipitation
35''
|
Average Winter Low Temperature
17°F
|
|
Average Summer High Temperature
82°F
|
Annual Snowfall
37''
|
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.
Tree-lined streets, parks and an easy commute to downtown Milwaukee
Quiet Milwaukee enclave with midcentury homes and easy park access
Creekside calm with midcentury homes and easy Milwaukee access
Midcentury homes near parks, trails and quick commutes to downtown Milwaukee
A southwest Milwaukee neighborhood within walking distance of schools
Park-centered living with trails, midcentury homes and easy commutes
