Why Live in Alverno
Half of Alverno, a small neighborhood in the southwest suburbs of Milwaukee, is taken up by Alverno College, a private Catholic women's college. The other half is residential, with a mix of apartments, condos, townhouses and single-family homes. The neighborhood features a diverse range of architectural designs, including large Tudor Revivals, Colonial Revivals, modest 1920s bungalows, Cape Cods and New Traditional homes from the past few decades. Forest Home Avenue and Howard Avenue are lined with local eateries, including Di Stefano’s Pizza Palace and Scordato Bakery. For shopping, residents visit the shopping plazas along South 27th Street, which have a Walmart Supercenter, a Pick ’n Save grocery store and retail shops. Cherokee Point is a private, residents-only park located in the neighborhood, featuring walking trails, a playground and a picnic shelter. Jackson Park, to the north, hosts a seasonal farmers market and offers additional walking trails, a public pool and athletic facilities. To the south, Zablocki Park has tennis and basketball courts, baseball and soccer fields and a nine-hole golf course. Milwaukee County Transit System buses serve the area, and major highways lead about 7 miles northeast to downtown Milwaukee. Aurora St. Luke’s Medical Center is a prominent employer in the area.
Frequently Asked Questions
Is Alverno a good place to live?
Alverno is a good place to live. Alverno is considered somewhat walkable and bikeable with some transit options. Alverno is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Alverno has 6 parks for recreational activities. It is somewhat dense in population with 10.3 people per acre and a median age of 35. The average household income is $87,687 which is below the national average. College graduates make up 20.5% of residents. A majority of residents in Alverno are renters, with 57.9% of residents renting and 42.1% of residents owning their home. A
local real estate agent serving Alverno can help you decide if this neighborhood is the right one for you. Learn more on our
Alverno neighborhood guide.
Is Alverno, WI a safe neighborhood?
Alverno, WI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Alverno?
The median home price in Alverno is $312,000. If you put a 20% down payment of $62,400 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $1,580 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $68K a year to afford the median home price in Alverno. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Alverno is $88K.
What are the best public schools in Alverno?
The best public schools that serve Alverno are:
What are the best private schools in Alverno?
The best private schools that serve Alverno are:
What are the most popular zip codes in Alverno, Milwaukee, WI?
What are the most popular neighborhoods near Alverno, Milwaukee, WI?
Are home prices dropping in Alverno?
Yes, home prices in Alverno are down 8% in the last 12 months.
Home Trends in Alverno, WI
On average, homes in Alverno, Milwaukee sell after 22 days on the market compared to the national average of 58 days. The median sale price for homes in Alverno, Milwaukee over the last 12 months is $290,250, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$290,250
Median Single Family Sale Price
$300,000
Median 2 Bedroom Sale Price
$245,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
0
Last 12 months Home Sales
6
Median List Price
$312,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%