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Tuesday, November 5, 2024

Pricing for the median home in Greenfield decreased during the first half of 2018

Re 5

The median sale price of a home sold in the first half of 2018 in Greenfield fell by $3,325 while total sales increased by 2.7%, according to BlockShopper.com.

From January through June of 2018, there were 454 homes sold, with a median sale price of $152,025 - a 2.1% decrease over the $155,350 median sale price for the same period of the previous year. There were 442 homes sold in Greenfield in the first half of 2017.

The median sales tax in Greenfield for the most recent year with available data, 2017, was $4,414, approximately 2.9% of the median home sale price for the first half of 2018.

The following table compares Greenfield to other Milwaukee County cities with similar median sale prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Franklin4254171.9%$230,800$229,9000.4%
Wauwatosa591617-4.2%$219,900$215,0002.3%
Greendale1871719.4%$210,000$195,0007.7%
Oak Creek300351-14.5%$206,800$199,4003.7%
Glendale223240-7.1%$181,900$175,0003.9%
Greenfield4544422.7%$152,025$155,350-2.1%
St. Francis129148-12.8%$147,000$134,4509.3%
South Milwaukee2432229.5%$145,000$136,7506%
Brown Deer1791639.8%$142,000$145,000-2.1%
West Allis768838-8.4%$135,000$125,0008%
Cudahy227263-13.7%$133,300$130,0002.5%

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