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Saturday, November 2, 2024

Median home prices in Shorewood fell to $380,000 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 Shorewood fell by $1,000 while total sales increased by 13.2%, according to BlockShopper.com.

From July through December of 2020, there were 86 homes sold, with a median sale price of $380,000 - a 0.3% decrease over the $381,000 median sale price for the same period of the previous year. There were 76 homes sold in Shorewood in the second half of 2019.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.6% of the median home sale price for the second half of 2020.

The following table compares Shorewood 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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