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Saturday, November 2, 2024

Oak Creek home prices rose in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Oak Creek rose by $10,000 while total sales decreased by 5.5%, according to BlockShopper.com.

From January through June of 2020, there were 290 homes sold, with a median sale price of $233,000 - a 4.5% increase over the $223,000 median sale price for the same period of the previous year. There were 307 homes sold in Oak Creek in the first half of 2019.

The median sales tax in Oak Creek for the most recent year with available data, 2017, was $4,857, approximately 2.1% of the median home sale price for the first half of 2020.

The following table compares Oak Creek to other Milwaukee County cities with similar median sale prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Shorewood685621.4%$403,175$321,25025.5%
Bayside6781-17.3%$365,000$339,9007.4%
Fox Point97123-21.1%$315,000$305,6003.1%
Franklin368385-4.4%$265,950$248,0007.2%
Wauwatosa5845604.3%$245,000$240,9001.7%
Oak Creek290307-5.5%$233,000$223,0004.5%
Greendale144157-8.3%$227,450$230,000-1.1%
Hales Corners5878-25.6%$223,500$232,500-3.9%
Glendale191227-15.9%$199,500$197,9000.8%
Greenfield388434-10.6%$186,350$164,70013.1%
St. Francis105128-18%$167,500$151,50010.6%

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