From July through December of 2018, there were 6,214 homes sold, with a median sale price of $105,000 - a 15.3% increase over the $91,050 median sale price for the same period of the previous year. There were 3,192 homes sold in Milwaukee in the second half of 2017.
The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2.8% of the median home sale price for the second half of 2018.
The following table compares Milwaukee to other Milwaukee County cities with similar median sale prices in the second half of 2018:
City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Oak Creek | 347 | 341 | 1.8% | $225,000 | $205,000 | 9.8% |
Hales Corners | 83 | 120 | -30.8% | $200,000 | $204,500 | -2.2% |
Glendale | 218 | 237 | -8% | $184,200 | $177,000 | 4.1% |
Greenfield | 467 | 507 | -7.9% | $160,000 | $156,250 | 2.4% |
St. Francis | 147 | 142 | 3.5% | $143,499 | $135,000 | 6.3% |
Brown Deer | 215 | 213 | 0.9% | $141,300 | $140,000 | 0.9% |
South Milwaukee | 267 | 256 | 4.3% | $140,500 | $138,200 | 1.7% |
Cudahy | 253 | 296 | -14.5% | $140,000 | $130,000 | 7.7% |
West Allis | 911 | 872 | 4.5% | $138,000 | $129,800 | 6.3% |
West Milwaukee | 44 | 44 | 0% | $135,000 | $133,950 | 0.8% |
Milwaukee | 6,214 | 3,192 | 94.7% | $105,000 | $91,050 | 15.3% |