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Tuesday, November 26, 2024

Rising home prices in Oak Creek in October 2021

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The median sale price of a home sold in October 2021 in Oak Creek rose by $15,000 while total sales decreased by 8%, according to BlockShopper.com.

In October 2021, there were 69 homes sold, with a median sale price of $260,000 - a 6.1% increase over the $245,000 median sale price for the same period of the previous year. There were 75 homes sold in Oak Creek in October 2020.

The median sales tax in Oak Creek for the most recent year with available data, 2017, was $4,857, approximately 1.9% of the median home sale price for October 2021.

The following table compares Oak Creek to other Milwaukee County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Shorewood15887.5%$360,000$406,000-11.3%
Wauwatosa15113710.2%$281,000$259,0008.5%
Hales Corners1921-9.5%$280,000$224,50024.7%
Franklin938016.3%$265,900$262,0501.5%
Greendale3144-29.5%$260,000$229,50013.3%
Oak Creek6975-8%$260,000$245,0006.1%
Glendale584141.5%$259,250$198,00030.9%
Greenfield80116-31%$248,500$199,50024.6%
St. Francis25250%$190,000$185,0002.7%
South Milwaukee543842.1%$189,000$178,9505.6%
Brown Deer3743-14%$180,000$150,00020%

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