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Saturday, November 2, 2024

The second half of 2020: Fox Point experienced a 0.3% increase in median home prices

Realestate2

The median sale price of a home sold in the second half of 2020 in Fox Point rose by $1,100 while total sales increased by 20.5%, according to BlockShopper.com.

From July through December of 2020, there were 153 homes sold, with a median sale price of $325,000 - a 0.3% increase over the $323,900 median sale price for the same period of the previous year. There were 127 homes sold in Fox Point in the second half of 2019.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 2.5% of the median home sale price for the second half of 2020.

The following table compares Fox Point 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)
River Hills5226100%$613,057.50$460,00033.3%
Whitefish Bay25422313.9%$410,000$358,50014.4%
Shorewood867613.2%$380,000$381,000-0.3%
Bayside84805%$350,000$322,0008.7%
Fox Point15312720.5%$325,000$323,9000.3%
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%

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