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Additional Information

More information is available at carthage.edu/celebration-scholars/. The following are members of the Research, Scholarship, and Creativity Committee who are eager to listen to ideas and answer questions:

  • Thomas Carr
  • Katherin Hilson
  • Kim Instenes
  • John Kirk
  • Sarah Terrill

What Drives Real Estate Prices in Milwaukee?

Name: Quinn Stevenson
Major: Marketing
Hometown: Wheaton, IL
Faculty Sponsor:
Other Sponsors:  
Type of research: Independent research

Abstract

The focus of this research is to examine the real estate market of the City of Milwaukee over a 20-year period. Milwaukee is a major American city in Wisconsin facing a range of social and economic issues including segregation and economic development. The real estate market reflects these issues across the city and delineates areas and neighborhoods of poor, middle income and wealthy residents. This research examines these issues and attempts to determine why this may be happening. We estimate these effects using various techniques such as regression and point polygon analyses using data sets including crime data from Milwaukee P.D., Local Real Estate Listings Service data, ACS data, and Census data. Using these different data sets we can measure the impact of different factors upon the real estate market in the City of Milwaukee and draw inferences about their effect over a 20-year period as well as likely future trends in this the real estate market.

Poster file

Submit date: March 15, 2017, 10:47 a.m.

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