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Monday, November 4, 2024

Home prices increased in Greendale 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 Greendale rose by $20,000 while total sales decreased by 11.9%, according to BlockShopper.com.

From July through December of 2017, there were 177 homes sold, with a median sale price of $210,000 - a 10.5% increase over the $190,000 median sale price for the same period of the previous year. There were 201 homes sold in Greendale in the second half of 2016.

The median sales tax in Greendale for the most recent year with available data, 2017, was $5,439, approximately 2.6% of the median home sale price for the second half of 2017.

The following table compares Greendale 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)
Bayside6584-22.6%$310,800$280,00011%
Shorewood917423%$301,000$312,500-3.7%
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%

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