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Saturday, November 2, 2024

Glendale median home prices rose by 12.2% 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 Glendale rose by $23,900 while total sales increased by 5.6%, according to BlockShopper.com.

From July through December of 2020, there were 245 homes sold, with a median sale price of $220,000 - a 12.2% increase over the $196,100 median sale price for the same period of the previous year. There were 232 homes sold in Glendale in the second half of 2019.

The median sales tax in Glendale for the most recent year with available data, 2017, was $5,414, approximately 2.5% of the median home sale price for the second half of 2020.

The following table compares Glendale 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)
Franklin58249916.6%$272,500$254,0007.3%
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%

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