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Monday, November 4, 2024

The second half of 2017: Home prices in Greenfield increased

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The median sale price of a home sold in the second half of 2017 in Greenfield rose by $9,050 while total sales decreased by 2.7%, according to BlockShopper.com.

From July through December of 2017, there were 507 homes sold, with a median sale price of $156,250 - a 6.1% increase over the $147,200 median sale price for the same period of the previous year. There were 521 homes sold in Greenfield in the second half of 2016.

The median sales tax in Greenfield for the most recent year with available data, 2017, was $4,414, approximately 2.8% of the median home sale price for the second half of 2017.

The following table compares Greenfield 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)
Franklin460539-14.7%$222,248$210,8005.4%
Greendale177201-11.9%$210,000$190,00010.5%
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%

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