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Tuesday, November 5, 2024

Rising home prices in West Milwaukee in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in West Milwaukee rose by $35,463 while total sales increased by 29.4%, according to BlockShopper.com.

From July through December of 2017, there were 44 homes sold, with a median sale price of $133,950 - a 36% increase over the $98,488 median sale price for the same period of the previous year. There were 34 homes sold in West Milwaukee in the second half of 2016.

The median sales tax in West Milwaukee for the most recent year with available data, 2017, was $3,766, approximately 2.8% of the median home sale price for the second half of 2017.

The following table compares West Milwaukee to other Milwaukee County cities with similar median sale prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Oak Creek341401-15%$205,000$200,0002.5%
Hales Corners12010316.5%$204,500$204,5000%
Glendale2372360.4%$177,000$185,000-4.3%
Greenfield507521-2.7%$156,250$147,2006.1%
Brown Deer213215-0.9%$140,000$132,9005.3%
South Milwaukee256260-1.5%$138,200$128,0008%
St. Francis1421410.7%$135,000$139,900-3.5%
West Milwaukee443429.4%$133,950$98,487.5036%
Cudahy296314-5.7%$130,000$116,70011.4%
West Allis872902-3.3%$129,800$120,0008.2%
Milwaukee3,1923,1650.9%$91,050$84,0008.4%

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