Explore Riverwest
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Why Live in Riverwest
Riverwest, located in northern Milwaukee, is a vibrant neighborhood known for its artistic scene, social justice initiatives, and strong sense of community. Historically an immigrant and factory town, Riverwest has evolved into a hub for creatives and activists. The neighborhood is bustling with activity, especially during events like the Riverwest 24, a 24-hour bike race that brings the community together for block parties and unique challenges. Housing primarily consists of early 1900s bungalows, with some properties converted into duplexes or new riverside condos. Residents enjoy green spaces such as Roverwest Dog Park, Reservoir Park, and Kadish Park, which offer summer music events and scenic views of Milwaukee's skyline. The Beerline Trail and Oak Leaf Trail provide extensive biking and walking paths along the river. Local bars and breweries, including Company Brewing and Foundation, are popular spots, though grocery options are limited to a few small markets and stores over a mile away. Riverwest is safer than the national average, making it a relatively low crime risk area. The neighborhood is well-connected, with bus lines and bike-friendly routes providing easy access to downtown Milwaukee, just 3 miles away, and Milwaukee Mitchell International Airport, 10 miles away.
Home Trends in Riverwest, WI
On average, homes in Riverwest, Milwaukee sell after 26 days on the market compared to the national average of 70 days. The median sale price for homes in Riverwest, Milwaukee over the last 12 months is $640,000, up 29% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$640,000
Median Single Family Sale Price
$688,000
Median Townhouse Sale Price
$269,990
Median 2 Bedroom Sale Price
$725,000
Median 1 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$310
Number of Homes for Sale
6
Last 12 months Home Sales
34
Months of Supply
2.10
Median List Price
$658,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
29%