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Friday, November 1, 2024

Median home prices in South Milwaukee rose to $179,000 in the second half of 2020

Realestate077

The median sale price of a home sold in the second half of 2020 in South Milwaukee rose by $22,250 while total sales increased by 17.1%, according to BlockShopper.com.

From July through December of 2020, there were 267 homes sold, with a median sale price of $179,000 - a 14.2% increase over the $156,750 median sale price for the same period of the previous year. There were 228 homes sold in South Milwaukee in the second half of 2019.

The median sales tax in South Milwaukee for the most recent year with available data, 2017, was $4,049, approximately 2.3% of the median home sale price for the second half of 2020.

The following table compares South Milwaukee 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)
Greendale2192151.9%$250,000$230,0008.7%
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%

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