From January through June of 2020, there were 5,357 homes sold, with a median sale price of $118,300 - a 17.5% increase over the $100,700 median sale price for the same period of the previous year. There were 5,707 homes sold in Milwaukee in the first half of 2019.
The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2.5% of the median home sale price for the first half of 2020.
The following table compares Milwaukee to other Milwaukee County cities with similar median sale prices in the first half of 2020:
City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Greendale | 144 | 157 | -8.3% | $227,450 | $230,000 | -1.1% |
Hales Corners | 58 | 78 | -25.6% | $223,500 | $232,500 | -3.9% |
Glendale | 191 | 227 | -15.9% | $199,500 | $197,900 | 0.8% |
Greenfield | 388 | 434 | -10.6% | $186,350 | $164,700 | 13.1% |
St. Francis | 105 | 128 | -18% | $167,500 | $151,500 | 10.6% |
Brown Deer | 185 | 186 | -0.5% | $164,000 | $152,000 | 7.9% |
South Milwaukee | 208 | 224 | -7.1% | $160,000 | $150,000 | 6.7% |
Cudahy | 222 | 241 | -7.9% | $145,850 | $139,500 | 4.6% |
West Milwaukee | 33 | 29 | 13.8% | $145,000 | $137,000 | 5.8% |
West Allis | 712 | 774 | -8% | $145,000 | $138,000 | 5.1% |
Milwaukee | 5,357 | 5,707 | -6.1% | $118,300 | $100,700 | 17.5% |