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Tuesday, November 26, 2024

Pricing for the median home in Shorewood decreased during October 2021

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The median sale price of a home sold in October 2021 in Shorewood fell by $46,000 while total sales increased by 87.5%, according to BlockShopper.com.

In October 2021, there were 15 homes sold, with a median sale price of $360,000 - a 11.3% decrease over the $406,000 median sale price for the same period of the previous year. There were eight homes sold in Shorewood in October 2020.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.7% of the median home sale price for October 2021.

The following table compares Shorewood 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)
River Hills616-62.5%$656,500$526,75024.6%
Fox Point2023-13%$437,750$269,90062.2%
Whitefish Bay39390%$413,000$435,000-5.1%
Bayside279200%$363,700$343,0006%
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%

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