Home Values

West Allis Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$89,300

  • -4.7% 1-year change
  • 0.3% 1-year forecast

The median home value in West Allis is $89,300. West Allis home values have declined -4.7% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in West Allis is $78, which is lower than the Milwaukee Metro average of $109. The median price of homes currently listed in West Allis is $114,900 while the median price of homes that sold is $147,615. The median rent price in West Allis is $695, which is lower than the Milwaukee Metro median of $1,005.

Foreclosures will be a factor impacting home values in the next several years. In West Allis 32.5 homes are foreclosed (per 10,000). This is greater than the Milwaukee Metro value of 2.7 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in West Allis is 4.4%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of West Allis homeowners underwater on their mortgage is 27.4%, which is higher than Milwaukee Metro at 19.9%.

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Relative ZHVI
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West Allis Market Overview

Data through Dec 31, 2014
  • $89,300 ZHVI
  • 0.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $114,900 Median listing price
  • No recent data Median sale price
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West Allis Market Health

Data through Dec 31, 2014
  • 0.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 27.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

32.5 homes(Feb 28, 2014) West Allis
2.7 homes Milwaukee Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Elm Grove $333,500
Brookfield $272,600
Muskego $249,800
Name Median ZHVI
New Berlin $222,100
Butler $164,400
Franklin $132,100
Name Median ZHVI
Greenfield $96,600
Milwaukee $93,500
Glendale $87,800

Listings & Sales

Data through Dec 31, 2014
  • $78 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 16.7% Listings with price cut
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West Allis Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,382 Milwaukee Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $695 Rent list price
  • $0.93 Rent list price / sq ft
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