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Saturday, November 2, 2024

Rising home prices in Greenfield in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Greenfield rose by $12,850 while total sales increased by 17.5%, according to BlockShopper.com.

From July through December of 2020, there were 556 homes sold, with a median sale price of $187,750 - a 7.3% increase over the $174,900 median sale price for the same period of the previous year. There were 473 homes sold in Greenfield in the second half of 2019.

The median sales tax in Greenfield for the most recent year with available data, 2017, was $4,414, approximately 2.4% of the median home sale price for the second half of 2020.

The following table compares Greenfield 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)
Wauwatosa79069314%$260,500$243,0007.2%
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%

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