The story of this market
The typical home in Oak Creek, Wisconsin sells for about $424,900, or $207 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
Monthly price momentum
Home values since 2015
+5.2%
WI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Oak Creek, Wisconsin
Oak Creek's housing market is showing strong resilience with steady price appreciation and low inventory levels. The city's ongoing commercial development, particularly in the Drexel Town Square area, continues to attract new residents and bolster property values. Demand remains high, driven by the city's reputation for quality schools and its strategic location within the Milwaukee metro area.
No ARED county foreclosure postings attributed to Oak Creek yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.8% — a stable, low-distress profile.
- Jellystone Park™ Caledonia4.34.4 mi
- Slick City Action Park4.414.9 mi
- Urban Air Trampoline and Adventure Park4.418.8 mi
- Dave & Buster's Wauwatosa3.915.1 mi
- Round1 Bowling & Arcade - Greendale3.88.4 mi
- American Family Field4.711.3 mi
- Fiserv Forum4.711.3 mi
- Milwaukee Public Market4.710.6 mi
- Wisconsin State Fair Park4.512.1 mi
- Baird Center4.511 mi
- Milwaukee County Zoo4.613.5 mi
- Harley-Davidson Museum®4.710.4 mi
- Milwaukee Art Museum4.810.8 mi
- Mitchell Park Domes Horticulture Conservatory4.710.6 mi
- Lakefront Brewery4.611.9 mi
- Harley-Davidson Museum®4.710.4 mi
- Milwaukee Art Museum4.810.8 mi
- Milwaukee Public Museum4.811.1 mi
- Discovery World4.610.6 mi
- Miller High Life Theatre®4.511.1 mi
- Mitchell Park Domes Horticulture Conservatory4.710.6 mi
- Boerner Botanical Gardens4.79.2 mi
- Seven Bridges4.82.7 mi
- Bradford Beach4.612.1 mi
- Friends of Firefly Grove Park4.915.2 mi
- South Shore Yacht Club4.67.8 mi
- McKinley Marina Central Docks4.611.4 mi
- Reefpoint Marina4.611.6 mi
- Milwaukee Yacht Club4.511.5 mi
- Southport Marina4.720.9 mi
- Muskego Lakes Country Club4.311.6 mi
- Oakwood Park Golf Course4.45.4 mi
- New Berlin Hills Golf Course4.313.6 mi
- Whitnall Park Golf Course4.28.9 mi
- Ives Grove Golf Course4.612.3 mi
- Mayfair4.215.4 mi
- Milwaukee Public Market4.710.6 mi
- Southridge Mall4.18.4 mi
- 7 Mile Fair4.26 mi
- 3rd St. Market Hall4.510.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A modern, mixed-use development serving as the city's downtown hub, featuring retail, restaurants, and public library facilities.
A significant public park providing direct access to Lake Michigan, featuring boat launches and scenic walking trails.
Oak Creek is an ideal fit for families seeking suburban stability, commuters working in the Milwaukee-Racine corridor, and investors looking for stable rental demand. The city's blend of modern amenities, strong schools, and proximity to Lake Michigan makes it a highly desirable location for those balancing professional access with a community-focused lifestyle.
The Oak Creek-Franklin Joint School District is the primary provider, generally regarded for its solid academic performance and diverse extracurricular offerings. Schools in the district are well-resourced and benefit from the city's growing tax base, contributing to a positive reputation among local families.
The city is served by the I-94 corridor, providing efficient access to downtown Milwaukee and Chicago. Local transit options are limited, making personal vehicle ownership the primary mode of transportation for most residents.
Oak Creek offers an extensive park system, including the scenic Bender Park along Lake Michigan and numerous community trails. Drexel Town Square serves as a central hub for shopping, dining, and community events, enhancing the city's lifestyle appeal.
The rental market in Oak Creek is characterized by steady demand, supported by new multi-family developments near the city center. Vacancy rates remain low due to the city's proximity to Milwaukee employment hubs and the high quality of life offered in newer residential complexes.
Oak Creek's economy is anchored by a mix of manufacturing, logistics, and retail sectors, benefiting from its proximity to the Milwaukee airport and major interstate highways. The city continues to attract corporate headquarters and new business investment, signaling strong economic health.
Oak Creek has experienced significant economic momentum driven by the development of Drexel Town Square and the expansion of the Oakview Business Park. Major employers include regional manufacturing and logistics firms, supported by the city's strategic location along the I-94 corridor.
The city is actively managing growth through the expansion of the Oakview Business Park and the continued build-out of the Drexel Town Square area. These projects are designed to balance commercial tax base growth with residential demand.
Parcels in Oak Creek are subject to the Oak Creek-Franklin Joint School District and various municipal utility districts for water and sewer services. There are no significant MUD/PID structures typical of high-growth Texas markets.
Oak Creek maintains a crime rate generally lower than the Milwaukee metropolitan average, with property crime being the primary concern. Local law enforcement emphasizes community policing and proactive engagement to maintain safety in residential neighborhoods. Trends remain stable, reflecting the city's suburban character.
The city faces standard Midwestern climate risks, primarily related to severe thunderstorms and occasional winter weather impacts. Flood risk is localized to specific drainage basins near Lake Michigan, and the city maintains robust building codes to mitigate wind and storm damage.
Property insurance markets in Oak Creek remain stable, though premiums are influenced by regional exposure to severe weather events. Homeowners are encouraged to maintain adequate coverage for wind and hail damage.
Property taxes in Oak Creek are levied by the city, county, and the Oak Creek-Franklin Joint School District, with the school district portion typically representing the largest share. The city utilizes a standard ad valorem assessment system, and residents benefit from the state's lottery and gaming credit on primary residences.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.