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Monday, November 4, 2024

What happened to the median home price in Hales Corners during the second half of 2017?

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The median sale price of a home sold in the second half of 2017 in Hales Corners was unchanged while total sales increased by 16.5%, according to BlockShopper.com.

From July through December of 2017, there were 120 homes sold, with a median sale price of $204,500. There were 103 homes sold in Hales Corners in the second half of 2016, and the median sales price for the period was also $204,500.

The median sales tax in Hales Corners for the most recent year with available data, 2017, was $5,469, approximately 2.7% of the median home sale price for the second half of 2017.

The following table compares Hales Corners 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)
Fox Point13711915.1%$295,000$282,5004.4%
Wauwatosa657662-0.8%$226,000$213,3505.9%
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%

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