Quantcast

The Sconi

Saturday, November 2, 2024

River Hills median home prices rose by 33.3% in the second half of 2020

Realestate5

The median sale price of a home sold in the second half of 2020 in River Hills rose by $153,058 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2020, there were 52 homes sold, with a median sale price of $613,058 - a 33.3% increase over the $460,000 median sale price for the same period of the previous year. There were 26 homes sold in River Hills in the second half of 2019.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.5% of the median home sale price for the second half of 2020.

The following table compares River Hills 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%

MORE NEWS