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Saturday, November 2, 2024

Pricing for the median home in Brown Deer decreased during the second half of 2020

Re 4

The median sale price of a home sold in the second half of 2020 in Brown Deer fell by $6,500 while total sales remained unchanged with 198 homes sold, according to BlockShopper.com.

From July through December of 2020, there were 198 homes sold, with a median sale price of $150,500 - a 4.1% decrease over the $157,000 median sale price for the same period of the previous year. There were 198 homes sold in Brown Deer in the second half of 2019, as well.

The median sales tax in Brown Deer for the most recent year with available data, 2017, was $4,097, approximately 2.7% of the median home sale price for the second half of 2020.

The following table compares Brown Deer to other Milwaukee County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Hales Corners1066953.6%$248,000$228,0158.8%
Oak Creek375383-2.1%$243,600$225,0008.3%
Glendale2452325.6%$220,000$196,10012.2%
Greenfield55647317.5%$187,750$174,9007.3%
South Milwaukee26722817.1%$179,000$156,75014.2%
St. Francis15912329.3%$170,000$160,0006.3%
Cudahy3203064.6%$165,000$150,00010%
West Allis9569026%$162,000$147,25010%
Brown Deer1981980%$150,500$157,000-4.1%
West Milwaukee514221.4%$146,000$126,70015.2%
Milwaukee7,1196,38211.5%$135,000$110,05022.7%

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