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Monday, November 4, 2024

The first half of 2017: West Milwaukee experienced a 0.4% drop in median home prices

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The median sale price of a home sold in the first half of 2017 in West Milwaukee fell by $500 while total sales decreased by 30.2%, according to BlockShopper.com.

From January through June of 2017, there were 37 homes sold, with a median sale price of $119,500 - a 0.4% decrease over the $120,000 median sale price for the same period of the previous year. There were 53 homes sold in West Milwaukee in the first half of 2016.

The median sales tax in West Milwaukee for the most recent year with available data, 2017, was $3,766, approximately 3.2% of the median home sale price for the first half of 2017.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Oak Creek35129718.2%$199,400$196,5001.5%
Greendale17113724.8%$195,000$199,100-2.1%
Glendale24020815.4%$175,000$172,2501.6%
Greenfield44234129.6%$155,350$134,00015.9%
Brown Deer16314413.2%$145,000$125,40015.6%
South Milwaukee2222105.7%$136,750$127,7507%
St. Francis14812815.6%$134,450$136,469-1.5%
Cudahy2632572.3%$130,000$125,0004%
West Allis8387738.4%$125,000$115,6008.1%
West Milwaukee3753-30.2%$119,500$120,000-0.4%
Milwaukee2,9742,7308.9%$85,200$82,6503.1%

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