Wisconsin’s most expensive residential real estate shows remarkable concentration and growth patterns according to Zillow Home Value Index data tracking neighborhood values through November 2024 (compare with the most affordable Wisconsin suburbs). The top 25 neighborhoods, spanning a value range from $515,000 to $955,000, demonstrate Madison’s overwhelming dominance with 21 entries, while Milwaukee and its suburbs contribute just three neighborhoods and Green Bay and Pleasant Prairie each place one. These elite neighborhoods show notably different growth trajectories, with Faircrest seeing the highest decade-long appreciation at 97.5%, while established areas like Northpoint and Hawk’s Landing posted more modest gains of 58.3% and 57.5% respectively.
The geographic distribution reveals clear patterns, with Madison’s west side claiming 14 of the city’s 21 entries, anchored by luxury developments like Blackhawk ($955,370) and High Point Estates ($713,553). University proximity remains a powerful value driver, evidenced by five neighborhoods – Vilas, Regent, Dudgeon-Monroe, Hill Farms, and Marquette – all maintaining positions in the top 25 despite being among the oldest developments. Modern amenities also command premium values, with golf course communities like Hawk’s Landing and waterfront locations such as Nicollet Drive in Green Bay showing particularly strong recent appreciation, posting the highest 2023-2024 gains at 7.9% and 13.0% respectively.
Suburb Map
Suburb Overview Chart
1. Downer Woods (Milwaukee)
Located on Milwaukee’s east side adjacent to UW-Milwaukee’s campus, this neighborhood features tree-lined streets with historic homes dating back to the early 20th century. The area lies between North Lake Drive and North Oakland Avenue, offering easy access to Lake Michigan and the vibrant North Avenue corridor.
Home values have risen steadily from $316,767 in 2014 (+62.6%) to $364,254 in 2019 (+41.4%), then reaching $486,967 in 2023 (+5.8%) before settling at $515,030 in November 2024.
2. Cherokee Park (Madison)
Situated on Madison’s north side between Lake Mendota and Cherokee Marsh, this neighborhood offers waterfront properties and conservation area access. The area is bounded by Wheeler Road and North Sherman Avenue, providing a unique blend of natural amenities and urban convenience.
Property values have shown strong growth from $264,901 in 2014 (+95.4%) to $348,162 in 2019 (+48.7%), increasing to $480,697 in 2023 (+7.7%) and reaching $517,681 in November 2024.
3. Swan Park (Wauwatosa)
Located in central Wauwatosa between Swan Boulevard and Menomonee River Parkway, this established neighborhood features historic homes near Hart Park. The area benefits from its proximity to the Village of Wauwatosa and the Menomonee River recreational corridor.
Home values increased from $302,237 in 2014 (+71.3%) to $358,707 in 2019 (+44.3%), then to $484,480 in 2023 (+6.9%), reaching $517,735 in November 2024.
4. Walnut Grove (Madison)
Located on Madison’s far west side between Old Sauk Road and Mineral Point Road, Walnut Grove offers spacious lots and well-established landscaping. The neighborhood centers around Walnut Grove Park and provides easy access to West Towne Mall and the Beltline Highway.
Home values grew from $277,638 in 2014 (+87.3%) to $339,240 in 2019 (+53.3%), then to $484,434 in 2023 (+7.4%), reaching $520,089 in November 2024.
5. Wexford Village (Madison)
Situated on Madison’s west side near Old Sauk Road and Pleasant View Road, this neighborhood features executive homes close to shopping and dining. The area benefits from its proximity to Greenway Station and Madison’s tech corridor.
Property values increased from $285,528 in 2014 (+85.6%) to $357,186 in 2019 (+48.4%), rising to $493,673 in 2023 (+7.4%) and reaching $529,992 in November 2024.
6. Northpoint (Milwaukee)
Located along Lake Michigan on Milwaukee’s east side between the Milwaukee River and Lake Park, Northpoint is characterized by historic mansions and water views. The neighborhood borders the prestigious Back Bay area and offers easy access to downtown.
Values have grown from $334,853 in 2014 (+58.3%) to $379,486 in 2019 (+39.7%), then to $494,564 in 2023 (+7.2%), reaching $530,203 in November 2024.
7. Old Middleton Greenway (Madison)
Situated along Old Middleton Road between Whitney Way and Rosa Road, this neighborhood features established gardens and scenic views. The area provides convenient access to Hilldale Shopping Center and the University Avenue corridor.
Home values rose from $289,747 in 2014 (+90.7%) to $361,930 in 2019 (+52.7%), increasing to $516,063 in 2023 (+7.1%) and reaching $552,623 in November 2024.
8. Marquette (Madison)
Located just west of the University of Wisconsin campus between Campus Drive and University Avenue, Marquette features diverse architectural styles from various periods. The neighborhood offers easy access to downtown Madison and the UW Hospital complex.
Property values increased from $300,422 in 2014 (+84.5%) to $401,069 in 2019 (+38.2%), then to $512,458 in 2023 (+8.2%), reaching $554,330 in November 2024.
9. Faircrest (Madison)
Nestled between Midvale Boulevard and Westmorland Boulevard on Madison’s near west side, Faircrest showcases well-maintained mid-century homes. The neighborhood provides easy access to Hilldale Shopping Center and the Southwest Commuter Path.
Values grew from $283,014 in 2014 (+97.5%) to $359,312 in 2019 (+55.5%), rising to $510,385 in 2023 (+9.5%) and reaching $558,844 in November 2024.
10. Hill Farms, University Neighborhood (Madison)
Located west of the University of Wisconsin campus between University Avenue and Mineral Point Road, Hill Farms features unique architectural designs. The area includes the University Hill Farms Shopping Center and state office complex.
Home values rose from $296,656 in 2014 (+91.5%) to $377,089 in 2019 (+50.6%), then to $524,064 in 2023 (+8.4%), reaching $568,076 in November 2024.
11. Country Grove (Madison)
Situated on Madison’s far west side near Junction Road and Old Sauk Road, Country Grove features newer homes with modern amenities. The neighborhood offers proximity to shopping at Junction Ridge and easy access to Pleasant View Road.
Property values increased from $302,503 in 2014 (+88.0%) to $366,598 in 2019 (+55.1%), climbing to $520,778 in 2023 (+9.2%) and reaching $568,632 in November 2024.
12. Nicollet Drive (Green Bay)
Located along the East River between Nicollet Drive and East River Drive, this upscale neighborhood features water views and larger lots. The area provides easy access to downtown Green Bay while maintaining a serene riverside setting.
While 2014 data is not available, values have grown substantially from $335,330 in 2019 (+71.5%) to $508,915 in 2023 (+13.0%), reaching $575,176 in November 2024.
13. Richmond Hill (Madison)
Positioned on Madison’s west side between Old Sauk Road and Mineral Point Road, Richmond Hill offers executive homes with scenic views. The neighborhood benefits from its proximity to West Towne Mall and the Beltline Highway.
Values increased from $334,783 in 2014 (+75.9%) to $379,347 in 2019 (+55.2%), rising to $542,015 in 2023 (+8.6%) and reaching $588,879 in November 2024.
14. Village Green (Pleasant Prairie)
Located in southeastern Wisconsin between Green Bay Road and 39th Avenue, Village Green features upscale homes with modern amenities. The neighborhood offers easy access to both Kenosha and the Illinois border.
Property values grew from $335,704 in 2014 (+82.7%) to $450,045 in 2019 (+36.3%), then to $567,057 in 2023 (+8.2%), reaching $613,336 in November 2024.
15. Parkwood Hills (Madison)
Situated on Madison’s west side adjacent to Owen Conservation Park, Parkwood Hills offers homes with scenic views and natural surroundings. The neighborhood lies between Old Sauk Road and Mineral Point Road.
Home values rose from $329,529 in 2014 (+86.2%) to $402,096 in 2019 (+52.6%), climbing to $562,539 in 2023 (+9.1%) and reaching $613,733 in November 2024.
16. Dudgeon-Monroe (Madison)
Located between Lake Wingra and the University of Wisconsin campus, Dudgeon-Monroe is known for its historic homes and vibrant community. The neighborhood features the Monroe Street commercial district and access to the Southwest Commuter Path.
Values increased from $347,779 in 2014 (+77.3%) to $424,096 in 2019 (+45.4%), then to $566,511 in 2023 (+8.8%), reaching $616,470 in November 2024.
17. Sauk Creek (Madison)
Positioned on Madison’s west side near Old Sauk Road and Pleasant View Road, Sauk Creek features executive homes on wooded lots. The neighborhood offers easy access to the Beltline Highway and Madison’s tech corridor.
Property values grew from $344,945 in 2014 (+79.0%) to $409,053 in 2019 (+50.9%), rising to $577,532 in 2023 (+6.9%) and reaching $617,282 in November 2024.
18. Elderberry (Madison)
Located on Madison’s west side near Pleasant View Golf Course, Elderberry offers upscale homes with generous lots. The neighborhood provides scenic views and easy access to Old Sauk Road.
Home values increased from $362,781 in 2014 (+77.4%) to $438,577 in 2019 (+46.7%), then to $600,805 in 2023 (+7.1%), reaching $643,467 in November 2024.
19. Regent (Madison)
Situated near the University of Wisconsin campus between Regent Street and Monroe Street, this historic neighborhood showcases diverse architectural styles. The area offers easy access to Camp Randall Stadium and the UW Arboretum.
Values rose from $372,812 in 2014 (+86.6%) to $479,797 in 2019 (+45.0%), climbing to $641,780 in 2023 (+8.4%) and reaching $695,518 in November 2024.
20. Nakoma (Madison)
Located on Madison’s near west side between the UW Arboretum and Seminole Highway, Nakoma is known for its Tudor and Colonial Revival architecture. The neighborhood centers around the Nakoma Golf Club and features winding streets.
Property values grew from $366,991 in 2014 (+91.0%) to $446,635 in 2019 (+56.9%), then to $651,483 in 2023 (+7.6%), reaching $700,867 in November 2024.
21. High Point Estates (Madison)
Situated on Madison’s far west side near Pioneer Park, High Point Estates features luxury homes on large lots. The neighborhood offers easy access to Junction Road and Old Sauk Road.
Home values increased from $406,039 in 2014 (+75.7%) to $468,439 in 2019 (+52.3%), rising to $662,731 in 2023 (+7.7%) and reaching $713,553 in November 2024.
22. Hawk’s Landing (Madison)
Located on Madison’s southwest side adjacent to Hawk’s Landing Golf Club, this neighborhood features luxury homes with golf course views. The area provides easy access to the Beltline Highway and Epic Systems campus.
Values rose from $466,751 in 2014 (+57.5%) to $514,896 in 2019 (+42.8%), then to $681,167 in 2023 (+7.9%), reaching $735,080 in November 2024.
23. Stonefield Woods-Ridge (Madison)
Positioned on Madison’s far west side near Junction Ridge, Stonefield Woods-Ridge offers newer luxury homes with modern amenities. The neighborhood features easy access to Pleasant View Road and Old Sauk Road.
While 2014 data is not available, values have increased from $488,655 in 2019 (+52.0%) to $692,304 in 2023 (+7.3%), reaching $742,896 in November 2024.
24. Vilas (Madison)
Located near downtown Madison between Lake Wingra and Regent Street, Vilas is a historic neighborhood adjacent to the Henry Vilas Zoo and UW campus. The area features tree-lined streets and diverse architectural styles.
Property values grew from $400,810 in 2014 (+90.5%) to $513,626 in 2019 (+48.6%), climbing to $700,759 in 2023 (+8.9%) and reaching $763,383 in November 2024.
25. Blackhawk (Madison)
Situated on Madison’s far west side near Pleasant View Golf Course, Blackhawk features luxury homes on expansive lots. The neighborhood offers scenic views and proximity to Old Sauk Road.
Home values increased significantly from $527,174 in 2014 (+81.2%) to $610,203 in 2019 (+56.6%), then to $879,844 in 2023 (+8.6%), reaching $955,370 in November 2024.
